£515,923
This estimated value is based upon the latest sale price for the house of £350,000 on 17 Mar 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £350,000 | 17 Mar 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 March 2015 the House Price Index for SUFFOLK was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £350,000 results in an estimated price of approximately £515,923.
| 17 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £350,000 | £165,923 | £515,923 |
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 | -26.555 % | £-92,941 | £257,058 |
| 3 Month Average | 43.242 % | £151,345 | £501,345 |
| 6 Month Average | 33.011 % | £115,537 | £465,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £416,990 | £412,500 | ELLWYN, 5 THE STREET |
| 14 Apr 2023 | £222,395 | £220,000 | CAVELL COTTAGE THE STREET |
| 6 Jul 2022 | £305,823 | £305,000 | 3 AUSTIN CLOSE |
| 20 Jan 2022 | £218,901 | £208,000 | 5 THE STREET |
| 13 Dec 2021 | £499,262 | £466,000 | THE PINES RICHER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dovedale Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Orchard Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Vicarage Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Broadway |