£70,587
This estimated value is based upon the latest sale price for the house of £12,487 on 7 Apr 1995. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £12,487 | 7 Apr 1995 |
| 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 April 1995 the House Price Index for SUFFOLK was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £12,487 results in an estimated price of approximately £70,587.
| 7 Apr 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 465.290 % | £12,487 | £58,100 | £70,587 |
The Postcode Pricing Model uses changes in average sales price within the IP31 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 | 41.656 % | £5,201 | £17,688 |
| 3 Month Average | 328.769 % | £41,053 | £53,540 |
| 6 Month Average | 344.219 % | £42,982 | £55,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £250,000 | £250,000 | 3 PARKSIDE |
| 28 Mar 2024 | £253,901 | £250,000 | 3 MICKLEFIELDS |
| 6 Oct 2023 | £281,391 | £275,000 | 4 THE WALKS OLD BURY ROAD |
| 18 Sep 2023 | £332,326 | £325,000 | 27 MICHAELHOUSE WAY |
| 28 Apr 2023 | £280,242 | £275,000 | 10 PARKSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Duke Street |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Meadow Court |
| Sep 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near The Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Hill |