£170,977
This estimated value is based upon the latest sale price for the house of £53,000 on 23 Nov 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £53,000 | 23 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
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 November 2001 the House Price Index for SUFFOLK was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £53,000 results in an estimated price of approximately £170,977.
| 23 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £53,000 | £117,977 | £170,977 |
The Postcode Pricing Model uses changes in average sales price within the IP6 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 | 134.729 % | £71,406 | £124,406 |
| 3 Month Average | 151.202 % | £80,136 | £133,136 |
| 6 Month Average | 176.712 % | £93,657 | £146,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £290,000 | £290,000 | 30 NEWELL RISE |
| 4 Dec 2023 | £388,952 | £377,000 | 10 NEWELL RISE |
| 1 Dec 2023 | £226,974 | £220,000 | 21 NORWICH ROAD |
| 30 Oct 2023 | £117,673 | £115,000 | 8 MORGAN COURT |
| 13 Jan 2023 | £451,206 | £450,000 | 13A NORWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Back Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Paper Mill Lane |
| Sep 2024 | Anti-social behaviour | On or near Orchard Grove | |
| Sep 2024 | Anti-social behaviour | On or near Orchard Grove | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Orchard Grove |