£506,502
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 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £500,000 results in an estimated price of approximately £506,502.
| 17 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £500,000 | £6,502 | £506,502 |
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 | -54.996 % | £-274,982 | £225,017 |
| 3 Month Average | -23.509 % | £-117,545 | £382,454 |
| 6 Month Average | -11.343 % | £-56,716 | £443,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £800,274 | £790,000 | 85 THE STREET |
| 17 Nov 2023 | £506,502 | £500,000 | 1 RED SLEEVE |
| 18 Jul 2023 | £307,913 | £305,000 | 17 TOLLGATE ROAD |
| 17 Feb 2023 | £403,093 | £405,000 | 71 THE STREET |
| 5 Jan 2023 | £272,605 | £275,000 | 5 TOLLGATE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chapel Close |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Chapel Close |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Ash Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bushey Close |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |