£169,547
This estimated value is based upon the latest sale price for the house of £124,600 on 23 Mar 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £124,600 | 23 Mar 2016 |
| £117,500 | 16 Mar 2007 |
| 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 March 2016 the House Price Index for SUFFOLK was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £124,600 results in an estimated price of approximately £169,547.
| 23 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £124,600 | £44,947 | £169,547 |
The Postcode Pricing Model uses changes in average sales price within the IP5 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 | 63.039 % | £78,546 | £203,146 |
| 3 Month Average | 19.986 % | £24,902 | £149,502 |
| 6 Month Average | 26.158 % | £32,592 | £157,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £482,837 | £468,000 | 19 CENTURY DRIVE |
| 28 Sep 2023 | £393,678 | £385,000 | 1 CASTLE GARDENS |
| 18 Aug 2023 | £150,209 | £147,500 | 48 JENNINGS DRIFT |
| 28 Apr 2023 | £382,148 | £375,000 | 30 CENTURY DRIVE |
| 3 Mar 2023 | £152,548 | £150,000 | 28 CASTLE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Castle Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thomas Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pepper Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pepper Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pepper Place |