£323,562
This estimated value is based upon the latest sale price for the house of £257,500 on 11 May 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £257,500 | 11 May 2018 |
| £170,000 | 11 Feb 2015 |
| £199,000 | 20 Jul 2007 |
| £176,000 | 1 Feb 2005 |
| £160,000 | 14 Feb 2003 |
| 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 May 2018 the House Price Index for SUFFOLK was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £257,500 results in an estimated price of approximately £323,562.
| 11 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £257,500 | £66,062 | £323,562 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 32.184 % | £82,874 | £340,374 |
| 3 Month Average | 23.496 % | £60,501 | £318,001 |
| 6 Month Average | 16.179 % | £41,660 | £299,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £205,000 | £205,000 | 77 COVEY WAY |
| 18 Apr 2024 | £201,752 | £200,000 | 58 COVEY WAY |
| 4 Sep 2023 | £265,861 | £260,000 | 50 COVEY WAY |
| 19 Apr 2023 | £259,860 | £255,000 | 28 COVEY WAY |
| 1 Mar 2023 | £251,703 | £247,500 | 9 THE ELDERS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Covey Way | |
| Jul 2024 | Anti-social behaviour | On or near Covey Way | |
| Jul 2024 | Anti-social behaviour | On or near Covey Way | |
| Jul 2024 | Anti-social behaviour | On or near Covey Way | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Lime Close |