£549,357
This estimated value is based upon the latest sale price for the house of £520,000 on 24 Feb 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £520,000 | 24 Feb 2022 |
| 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 February 2022 the House Price Index for SUFFOLK was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £520,000 results in an estimated price of approximately £549,357.
| 24 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £520,000 | £29,357 | £549,357 |
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 | -66.908 % | £-347,923 | £172,076 |
| 3 Month Average | -4.945 % | £-25,712 | £494,287 |
| 6 Month Average | -13.928 % | £-72,424 | £447,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £495,217 | £480,000 | CADOGAN HOUSE FORNHAM ROAD |
| 20 Nov 2023 | £384,767 | £375,000 | 2 LAUNDRY COTTAGES LIVERMERE ROAD |
| 19 Oct 2023 | £373,483 | £365,000 | HIGHFIELDS NACTON LANE |
| 11 Oct 2022 | £558,136 | £560,000 | 5 WEST WOOD |
| 29 Jul 2022 | £656,579 | £650,000 | 2 TEWKESBURY PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lodge Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Street |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near The Street |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Mill Road |
| Jul 2024 | Anti-social behaviour | On or near Mill Road |