£422,415
This estimated value is based upon the latest sale price for the house of £242,000 on 5 May 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £242,000 | 5 May 2006 |
| £215,000 | 19 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
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 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £242,000 results in an estimated price of approximately £422,415.
| 5 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £242,000 | £180,415 | £422,415 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 29.464 % | £71,302 | £313,302 |
| 3 Month Average | 47.032 % | £113,818 | £355,818 |
| 6 Month Average | 63.468 % | £153,593 | £395,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £67,175 | £66,000 | 6A PORTMAN ROAD |
| 7 Jun 2023 | £126,533 | £125,000 | FLAT 13 34 FOUNDATION STREET |
| 16 Mar 2023 | £40,380 | £40,000 | 25 BURRELL ROAD |
| 1 Nov 2022 | £118,564 | £120,000 | 5 OBSERVATION COURT PRINCES STREET |
| 31 Aug 2022 | £329,109 | £329,995 | 2 OSTRICH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Drugs | Local resolution | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |