£447,361
This estimated value is based upon the latest sale price for the house of £437,500 on 26 Sep 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £437,500 | 26 Sep 2023 |
| £205,000 | 19 Nov 2003 |
| £152,950 | 20 Mar 2001 |
| 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 September 2023 the House Price Index for SUFFOLK was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £437,500 results in an estimated price of approximately £447,361.
| 26 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £437,500 | £9,861 | £447,361 |
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 | -8.010 % | £-35,044 | £402,455 |
| 3 Month Average | -9.101 % | £-39,816 | £397,683 |
| 6 Month Average | 1.248 % | £5,461 | £442,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £392,047 | £380,000 | 52 JEAVONS LANE |
| 26 Oct 2023 | £393,947 | £385,000 | 63 TERRY GARDENS |
| 26 Sep 2023 | £447,362 | £437,500 | 2 BAILEY AVENUE |
| 5 Aug 2022 | £271,268 | £270,000 | 5 JEAVONS LANE |
| 17 Dec 2021 | £501,878 | £465,000 | 62 JEAVONS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Turnbull Close |
| Sep 2024 | Anti-social behaviour | On or near Howlett Close | |
| Sep 2024 | Anti-social behaviour | On or near Howlett Close | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Terry Gardens |
| Aug 2024 | Drugs | Under investigation | On or near Sports/Recreation Area |