£103,947
This estimated value is based upon the latest sale price for the house of £77,500 on 15 Aug 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £77,500 | 15 Aug 2016 |
| £31,000 | 16 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 sq feet |
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 August 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £77,500 results in an estimated price of approximately £103,947.
| 15 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £77,500 | £26,447 | £103,947 |
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 | 54.307 % | £42,087 | £119,587 |
| 3 Month Average | 38.327 % | £29,703 | £107,203 |
| 6 Month Average | 32.972 % | £25,553 | £103,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £330,071 | £325,000 | 78 LONDON ROAD |
| 4 Mar 2024 | £203,121 | £200,000 | OLD POLICE HOUSE, 89 LONDON ROAD |
| 29 Nov 2023 | £251,381 | £245,000 | 63 PINEWOOD DRIVE |
| 26 Oct 2023 | £163,718 | £160,000 | 11 THE ORCHARD |
| 18 Sep 2023 | £163,607 | £160,000 | 4 THE ORCHARD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 15 Aug 2015. Using an estimated price of £103,948 means this house is valued at £1,889 per sq meter (£175 per sq foot).
The average size of a house on THE ORCHARD is 57 sq meters (619 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Orchard |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Orchard |
| Aug 2024 | Anti-social behaviour | On or near The Orchard | |
| Aug 2024 | Anti-social behaviour | On or near The Orchard | |
| Aug 2024 | Anti-social behaviour | On or near The Orchard |