£513,022
This estimated value is based upon the latest sale price for the house of £500,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £500,000 | 17 Nov 2023 |
| £280,000 | 12 Jul 2013 |
| £285,000 | 10 May 2012 |
| 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 November 2023 the House Price Index for SUFFOLK was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £500,000 results in an estimated price of approximately £513,022.
| 17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £500,000 | £13,022 | £513,022 |
The Postcode Pricing Model uses changes in average sales price within the IP9 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 | -28.843 % | £-144,215 | £355,784 |
| 3 Month Average | -1.727 % | £-8,633 | £491,366 |
| 6 Month Average | -8.039 % | £-40,195 | £459,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £330,000 | £330,000 | 5 CHAPEL CLOSE |
| 23 Nov 2023 | £810,576 | £790,000 | 85 THE STREET |
| 17 Nov 2023 | £513,023 | £500,000 | 1 RED SLEEVE |
| 30 Mar 2023 | £374,250 | £368,000 | 3 CHAPEL CLOSE |
| 17 Feb 2023 | £407,724 | £405,000 | 71 THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Local resolution | On or near Little Gulls |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Snowcroft |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Boydlands |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Ash Grove |
| Aug 2024 | Anti-social behaviour | On or near Ash Grove |