£265,524
This estimated value is based upon the latest sale price for the house of £151,000 on 31 May 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £151,000 | 31 May 2006 |
| £62,000 | 6 Jul 2001 |
| Semi-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 May 2006 the House Price Index for SUFFOLK was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £151,000 results in an estimated price of approximately £265,524.
| 31 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £151,000 | £114,524 | £265,524 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | 110.223 % | £166,436 | £317,436 |
| 3 Month Average | 105.565 % | £159,403 | £310,403 |
| 6 Month Average | 98.301 % | £148,434 | £299,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £224,448 | £221,000 | 17 NEWNHAM AVENUE |
| 27 Oct 2023 | £281,391 | £275,000 | 41 OXFORD DRIVE |
| 21 Sep 2023 | £332,326 | £325,000 | 8 OXFORD DRIVE |
| 31 Aug 2023 | £530,569 | £521,000 | 13 MAGDALEN DRIVE |
| 29 Mar 2023 | £197,295 | £194,000 | 92 PETERHOUSE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Action to be taken by another organisation | On or near Newnham Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newnham Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newnham Avenue |
| Aug 2024 | Other crime | Further investigation is not in the public interest | On or near Magdalen Drive |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Magdalen Drive |