£602,505
This estimated value is based upon the latest sale price for the house of £302,500 on 11 Jun 2004. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £302,500 | 11 Jun 2004 |
| £85,000 | 17 May 2002 |
| 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 2004 the House Price Index for SUFFOLK was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £302,500 results in an estimated price of approximately £602,505.
| 11 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £302,500 | £300,005 | £602,505 |
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 | 100.640 % | £304,436 | £606,936 |
| 3 Month Average | 69.333 % | £209,731 | £512,231 |
| 6 Month Average | 83.566 % | £252,785 | £555,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £599,004 | £587,000 | WALNUT COTTAGE SCHOOL CLOSE |
| 8 Jun 2023 | £561,247 | £550,000 | NORTON SERVICE STATION WOOLPIT ROAD |
| 13 Jul 2022 | £308,087 | £305,000 | SWALE COTTAGE WOOLPIT ROAD |
| 29 Jun 2022 | £843,020 | £825,000 | THE PADDOCK HEATH ROAD |
| 24 Jun 2022 | £449,611 | £440,000 | 6 JUBILEE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Ixworth Road |
| Jul 2024 | Anti-social behaviour | On or near School Close | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Close |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Ixworth Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |