£345,989
This estimated value is based upon the latest sale price for the house of £327,500 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £327,500 | 4 Feb 2022 |
| £260,000 | 14 Nov 2018 |
| £162,000 | 24 Jun 2011 |
| 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 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 £327,500 results in an estimated price of approximately £345,989.
| 4 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £327,500 | £18,489 | £345,989 |
The Postcode Pricing Model uses changes in average sales price within the IP9 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 | 11447.000 % | £37,488,925 | £37,816,425 |
| 3 Month Average | 29.918 % | £97,982 | £425,482 |
| 6 Month Average | 5.385 % | £17,637 | £345,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £260,748 | £255,000 | 5 GROVE ROAD |
| 22 Jun 2023 | £416,854 | £408,500 | 37 SILVER LEYS |
| 3 Feb 2023 | £382,555 | £380,000 | THE OLD POST MASTERS HOUSE GROVE ROAD |
| 21 Nov 2022 | £746,509 | £750,000 | THE COTTAGE GROVE ROAD |
| 25 Aug 2022 | £527,466 | £525,000 | THE HOLLIES GROVE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Road |
| Oct 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| Jul 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Case Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |