£409,016
This estimated value is based upon the latest sale price for the house of £400,000 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £400,000 | 22 Sep 2023 |
| £89,000 | 30 Jul 1998 |
| £76,500 | 31 May 1996 |
| 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 September 2023 the House Price Index for SUFFOLK was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £400,000 results in an estimated price of approximately £409,016.
| 22 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £400,000 | £9,016 | £409,016 |
The Postcode Pricing Model uses changes in average sales price within the IP5 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 | 0.080 % | £318 | £400,318 |
| 3 Month Average | -23.543 % | £-94,170 | £305,829 |
| 6 Month Average | -3.980 % | £-15,919 | £384,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £289,010 | £286,500 | 14 BAIRD GROVE |
| 25 Oct 2023 | £317,204 | £310,000 | 16 BAIRD GROVE |
| 24 Oct 2023 | £419,528 | £410,000 | 65 BELL LANE |
| 22 Sep 2023 | £409,016 | £400,000 | 102 BELL LANE |
| 20 Jan 2023 | £451,206 | £450,000 | 2 COX CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Twelve Acre Approach |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Twelve Acre Approach |
| May 2024 | Anti-social behaviour | On or near Twelve Acre Approach | |
| May 2024 | Anti-social behaviour | On or near Twelve Acre Approach | |
| May 2024 | Anti-social behaviour | On or near Twelve Acre Approach |