£324,292
This estimated value is based upon the latest sale price for the house of £252,500 on 18 Jul 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £252,500 | 18 Jul 2017 |
| £189,995 | 20 Dec 2013 |
| 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 July 2017 the House Price Index for SUFFOLK was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £252,500 results in an estimated price of approximately £324,292.
| 18 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £252,500 | £71,792 | £324,292 |
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 | -6.318 % | £-15,953 | £236,546 |
| 3 Month Average | 20.398 % | £51,505 | £304,005 |
| 6 Month Average | 16.872 % | £42,603 | £295,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £223,433 | £220,000 | 15 RIVER WAY |
| 25 Aug 2023 | £240,335 | £236,000 | 26 PORTLAND WAY |
| 13 Feb 2023 | £253,695 | £252,000 | 3 VALLEY VIEW DRIVE |
| 4 Oct 2022 | £287,041 | £288,000 | 53 MASONS DRIVE |
| 29 Jul 2022 | £232,328 | £230,000 | 17 RIVER WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Portland Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Brick Drive |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Gipping Road |
| Sep 2024 | Other theft | Under investigation | On or near Gipping Road |
| Aug 2024 | Possession of weapons | Under investigation | On or near Gipping Road |