£926,562
This estimated value is based upon the latest sale price for the house of £440,000 on 18 Mar 2004. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £440,000 | 18 Mar 2004 |
| £200,000 | 15 Nov 2000 |
| 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 2004 the House Price Index for SUFFOLK was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £440,000 results in an estimated price of approximately £926,562.
| 18 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £440,000 | £486,562 | £926,562 |
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 | 139.818 % | £615,197 | £1,055,197 |
| 3 Month Average | 83.807 % | £368,752 | £808,752 |
| 6 Month Average | 98.015 % | £431,267 | £871,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £288,868 | £282,500 | IVY COTTAGE ELMSWELL ROAD |
| 26 Jan 2023 | £676,808 | £675,000 | HAWTHORNS LONG THURLOW |
| 17 Nov 2022 | £641,998 | £645,000 | THE ELMS ELMSWELL ROAD |
| 15 Nov 2022 | £901,380 | £905,595 | HILL FARM ASHFIELD ROAD |
| 27 Apr 2022 | £944,054 | £910,000 | TUDOR LODGE ELMSWELL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Wheeler'S Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheeler'S Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braziers Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hantons Lane |
| Apr 2024 | Public order | Further action is not in the public interest | On or near Hantons Lane |