£1,685,207
This estimated value is based upon the latest sale price for the house of £275,000 on 22 Jul 2024. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 22 Jul 2024 |
| Terraced |
| 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 2024 the House Price Index for SUFFOLK was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £275,000 results in an estimated price of approximately £1,685,207.
| 22 Jul 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £275,000 | £1,410,207 | £1,685,207 |
The Postcode Pricing Model uses changes in average sales price within the IP6 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 | 27.540 % | £75,734 | £350,734 |
| 3 Month Average | 25.928 % | £71,301 | £346,301 |
| 6 Month Average | 5.283 % | £14,527 | £289,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2024 | £275,000 | £275,000 | 105 STOWMARKET ROAD |
| 1 Dec 2023 | £237,291 | £230,000 | 4 HORNBEAM CLOSE |
| 5 Oct 2023 | £245,578 | £240,000 | 19 CHEQUERS RISE |
| 16 Jun 2023 | £209,192 | £205,000 | 21 CHEQUERS RISE |
| 9 Jun 2023 | £367,362 | £360,000 | 28 CHEQUERS RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Further investigation is not in the public interest | On or near Meadow Drive |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingfisher Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Chalk Hill Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Oct 2024 | Other crime | Under investigation | On or near Aspen Close |