£468,160
This estimated value is based upon the latest sale price for the house of £375,000 on 12 Jul 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £375,000 | 12 Jul 2018 |
| 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 July 2018 the House Price Index for SUFFOLK was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £375,000 results in an estimated price of approximately £468,160.
| 12 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £375,000 | £93,160 | £468,160 |
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 | -19.047 % | £-71,425 | £303,574 |
| 3 Month Average | 5.546 % | £20,796 | £395,796 |
| 6 Month Average | -5.093 % | £-19,099 | £355,900 |
| 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 |
| 2 Sep 2022 | £454,696 | £455,000 | TIMBERS MAIN ROAD |
| 14 Feb 2022 | £723,673 | £685,000 | 2 FARNHAM BARN |
| 2 Feb 2022 | £234,534 | £222,000 | 55 STOCKHOUSE COTTAGES MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Church Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chapel Lane |
| Jul 2024 | Anti-social behaviour | On or near Meadow Walk |