£402,179
This estimated value is based upon the latest sale price for the house of £249,995 on 4 May 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £249,995 | 4 May 2007 |
| £249,000 | 16 Aug 2006 |
| £295,000 | 14 Apr 2005 |
| £121,000 | 22 May 1998 |
| £115,000 | 12 Aug 1996 |
| 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 2007 the House Price Index for SUFFOLK was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £249,995 results in an estimated price of approximately £402,179.
| 4 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £249,995 | £152,184 | £402,179 |
The Postcode Pricing Model uses changes in average sales price within the IP13 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 | 30.962 % | £77,403 | £327,398 |
| 3 Month Average | 37.413 % | £93,530 | £343,525 |
| 6 Month Average | 47.031 % | £117,574 | £367,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2024 | £775,000 | £775,000 | LITTLE MEADOW THE STREET |
| 6 Nov 2023 | £1,795,579 | £1,750,000 | HORSENDEN HOUSE MARTLESHAM ROAD |
| 15 Jun 2023 | £285,726 | £280,000 | 6 CAROL AVENUE |
| 9 Jun 2023 | £622,474 | £610,000 | ACORNS ORCHARD LANE |
| 3 Apr 2023 | £698,057 | £685,000 | FAMBRIDGE HOUSE LOWER STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Richards Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blacktiles Lane |
| Oct 2024 | Other theft | Under investigation | On or near Carol Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Carol Avenue |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Carol Avenue |