£431,308
This estimated value is based upon the latest sale price for the house of £350,000 on 19 Oct 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Well Lane
More crime details
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| Price Paid | Date |
|---|---|
| £350,000 | 19 Oct 2018 |
| Terraced |
| 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 October 2018 the House Price Index for SUFFOLK was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £350,000 results in an estimated price of approximately £431,308.
| 19 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £350,000 | £81,308 | £431,308 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 34.032 % | £119,111 | £469,111 |
| 3 Month Average | 26.871 % | £94,049 | £444,049 |
| 6 Month Average | 22.139 % | £77,485 | £427,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £29,436 | £29,000 | HALF MOON HOUSE HIGH STREET |
| 28 Sep 2023 | £1,190,218 | £1,175,000 | 17 NETHERGATE STREET |
| 30 Jun 2023 | £227,759 | £225,000 | 21 NETHERGATE STREET |
| 19 Jun 2023 | £296,087 | £292,500 | 7 BLOOMFIELD COURT |
| 9 Jun 2023 | £354,292 | £350,000 | 13 MARKET HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Well Lane |
| Mar 2024 | Anti-social behaviour | On or near Well Lane | |
| Mar 2024 | Anti-social behaviour | On or near Well Lane | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Well Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Well Lane |