£390,016
This estimated value is based upon the latest sale price for the house of £313,000 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £313,000 | 3 Aug 2018 |
| 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 August 2018 the House Price Index for SUFFOLK was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £313,000 results in an estimated price of approximately £390,016.
| 3 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £313,000 | £77,016 | £390,016 |
The Postcode Pricing Model uses changes in average sales price within the IP6 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 | 15.746 % | £49,284 | £362,284 |
| 3 Month Average | 4.679 % | £14,643 | £327,643 |
| 6 Month Average | 11.949 % | £37,398 | £350,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £223,433 | £220,000 | 15 RIVER WAY |
| 25 Aug 2023 | £305,510 | £300,000 | 27 BRICK DRIVE |
| 7 Aug 2023 | £234,224 | £230,000 | 36 BRICK DRIVE |
| 13 Feb 2023 | £253,695 | £252,000 | 3 VALLEY VIEW DRIVE |
| 2 Feb 2023 | £138,425 | £137,500 | 2 BRICK DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Brick Drive |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Gipping Road |
| Sep 2024 | Other theft | Under investigation | On or near Gipping Road |
| Aug 2024 | Possession of weapons | Under investigation | On or near Gipping Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandy Close |