£8,607
This estimated value is based upon the latest sale price for the house of £6,995 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £6,995 | 28 Jun 2019 |
| 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 June 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £6,995 results in an estimated price of approximately £8,607.
| 28 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £6,995 | £1,612 | £8,607 |
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 | 8.390 % | £586 | £7,581 |
| 3 Month Average | 11.258 % | £787 | £7,782 |
| 6 Month Average | 10.605 % | £741 | £7,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £385,627 | £382,500 | 40 SPALDING LANE |
| 11 Apr 2023 | £413,070 | £410,000 | 36 SPALDING LANE |
| 20 Jan 2023 | £203,215 | £205,000 | 50 SPALDING LANE |
| 18 Jul 2022 | £361,511 | £362,000 | 22 SPALDING LANE |
| 4 Feb 2022 | £193,225 | £185,000 | 18 COX CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Spalding Lane |
| Mar 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Segger View |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Baird Grove |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Baird Grove |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bell Lane |