£273,216
This estimated value is based upon the latest sale price for the house of £240,000 on 17 May 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 17 May 2021 |
| £43,000 | 8 Jan 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 May 2021 the House Price Index for SUFFOLK was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £240,000 results in an estimated price of approximately £273,216.
| 17 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £240,000 | £33,216 | £273,216 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | 37.027 % | £88,866 | £328,866 |
| 3 Month Average | 76.559 % | £183,742 | £423,742 |
| 6 Month Average | 13.569 % | £32,565 | £272,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Aug 2024 | £446,500 | £446,500 | SUGAR LOAVES POUND GREEN |
| 7 Jun 2024 | £350,000 | £350,000 | 1 HAMMONDS CLOSE |
| 23 Apr 2024 | £274,383 | £272,000 | WILLOW COTTAGE QUEEN STREET |
| 18 Dec 2023 | £562,278 | £545,000 | JONATHANS FARM |
| 27 Oct 2023 | £879,986 | £860,000 | NORTH LODGE BRANCHES PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Newmarket Road |
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station | |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station | |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station |