£493,774
This estimated value is based upon the latest sale price for the house of £367,000 on 3 Jun 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£367,000 | 3 Jun 2016 |
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 2016 the House Price Index for SUFFOLK was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £367,000 results in an estimated price of approximately £493,774.
3 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £367,000 | £126,774 | £493,774 |
The Postcode Pricing Model uses changes in average sales price within the IP30 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 | -11.193 % | £-41,079 | £325,920 |
3 Month Average | 37.939 % | £139,234 | £506,234 |
6 Month Average | 23.798 % | £87,340 | £454,340 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £241,121 | £235,000 | 3 STOWS HILL |
9 Oct 2023 | £475,807 | £465,000 | 2 ABBEY COTTAGES BURY ROAD |
9 Nov 2022 | £318,511 | £320,000 | ETNA COTTAGE HOWE LANE |
24 Aug 2022 | £954,463 | £950,000 | BROOK FARMHOUSE BUTTONS GREEN |
15 Aug 2022 | £398,865 | £397,000 | 1 MOUNT COTTAGES |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Unable to prosecute suspect | On or near Bullswood Lane |
Jul 2024 | Burglary | Under investigation | On or near Shop Hill |
Jul 2024 | Other theft | Under investigation | On or near Shop Hill |
Jul 2024 | Burglary | Under investigation | On or near Shop Hill |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Bird'S Lane |