£265,206
This estimated value is based upon the latest sale price for the house of £200,000 on 17 Aug 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £200,000 | 17 Aug 2016 |
| 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 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.603%.Applying this 32.603% change to the original purchase price of £200,000 results in an estimated price of approximately £265,206.
| 17 Aug 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.603 % | £200,000 | £65,206 | £265,206 |
The Postcode Pricing Model uses changes in average sales price within the IP31 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 | -17.293 % | £-34,586 | £165,413 |
| 3 Month Average | 32.684 % | £65,368 | £265,368 |
| 6 Month Average | 25.706 % | £51,411 | £251,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £241,468 | £240,000 | 7 BOBBYS WAY |
| 5 Aug 2022 | £392,349 | £395,000 | 30 GILBERT ROAD |
| 5 Aug 2022 | £238,389 | £240,000 | 4 GOLDSMITH WAY |
| 16 Feb 2022 | £334,227 | £320,000 | 80 HEPWORTH ROAD |
| 27 Aug 2021 | £355,556 | £320,000 | 8A BOBBYS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gilbert Road |
| Apr 2024 | Anti-social behaviour | On or near Potter'S Lane | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near The Knowle |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Meadow Court |
| Apr 2024 | Burglary | Under investigation | On or near Meadow Court |