£242,102
This estimated value is based upon the latest sale price for the house of £240,000 on 2 Apr 2024. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 2 Apr 2024 |
| £190,000 | 12 Mar 2020 |
| £160,000 | 10 Sep 2018 |
| Terraced |
| 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 April 2024 the House Price Index for SUFFOLK was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £240,000 results in an estimated price of approximately £242,102.
| 2 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £240,000 | £2,102 | £242,102 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 20.264 % | £48,632 | £288,632 |
| 3 Month Average | 2.558 % | £6,138 | £246,138 |
| 6 Month Average | 3.729 % | £8,950 | £248,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £242,102 | £240,000 | 19 THE CHESTNUTS |
| 5 Jul 2022 | £247,480 | £245,000 | 9 OAK CLOSE |
| 1 Mar 2022 | £357,547 | £342,500 | LYDGATE HIGH ROAD |
| 30 Sep 2021 | £309,387 | £285,000 | 8 MIDDLEFIELD DRIVE |
| 30 Sep 2021 | £390,805 | £360,000 | 9 MIDDLEFIELD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pettiward Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Middlefield Drive |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Valley Lane |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near St Andrews Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near St Andrews Close |