£189,834
This estimated value is based upon the latest sale price for the house of £107,500 on 7 Apr 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£107,500 | 7 Apr 2006 |
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 April 2006 the House Price Index for SUFFOLK was 84.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.591%.Applying this 76.591% change to the original purchase price of £107,500 results in an estimated price of approximately £189,834.
7 Apr 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 149.7 | 76.591 % | £107,500 | £82,334 | £189,834 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | 41.659 % | £44,783 | £152,283 |
3 Month Average | 65.626 % | £70,547 | £178,047 |
6 Month Average | 55.757 % | £59,938 | £167,438 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £299,194 | £290,000 | 2 LOW BARN COTTAGES |
17 Feb 2023 | £161,076 | £160,000 | UNIT 4 FARNHAM INDUSTRIAL ESTATE THE STREET |
23 Sep 2022 | £444,703 | £445,000 | ORCHARD COTTAGE |
2 Sep 2022 | £454,696 | £455,000 | TIMBERS MAIN ROAD |
14 Feb 2022 | £723,673 | £685,000 | 2 FARNHAM BARN |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Petrol Station |
Jul 2024 | Anti-social behaviour | On or near Meadow Walk | |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mill Lane |
May 2024 | Other crime | Further investigation is not in the public interest | On or near Forge Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forge Close |