£573,598
This estimated value is based upon the latest sale price for the house of £395,000 on 17 Jun 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £395,000 | 17 Jun 2015 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in June 2015 the House Price Index for SUFFOLK was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £395,000 results in an estimated price of approximately £573,598.
| 17 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £395,000 | £178,598 | £573,598 |
The Postcode Pricing Model uses changes in average sales price within the IP31 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -24.728 % | £-97,674 | £297,325 |
| 3 Month Average | 36.247 % | £143,173 | £538,173 |
| 6 Month Average | 32.372 % | £127,868 | £522,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £580,075 | £575,000 | WELL COTTAGE THE GREEN |
| 21 Jul 2023 | £331,968 | £327,500 | 2 FIELD CLOSE |
| 1 Jun 2022 | £355,017 | £350,000 | MILLHAVEN THURSTON ROAD |
| 21 Apr 2022 | £453,112 | £440,000 | FIELDFARE, 14 FIELD CLOSE |
| 31 Mar 2022 | £357,510 | £345,000 | 1 FIELD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Old Post Office Lane | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Barrell'S Road |
| Mar 2024 | Anti-social behaviour | On or near Barrell'S Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Gardens |