£501,291
This estimated value is based upon the latest sale price for the house of £120,000 on 15 Oct 1999. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near North Parade
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| Price Paid | Date |
|---|---|
| £120,000 | 15 Oct 1999 |
| Semi-Detached |
| 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 October 1999 the House Price Index for SUFFOLK was 35.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 317.743%.Applying this 317.743% change to the original purchase price of £120,000 results in an estimated price of approximately £501,291.
| 15 Oct 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 149.7 | 317.743 % | £120,000 | £381,291 | £501,291 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 426.357 % | £511,628 | £631,628 |
| 3 Month Average | 501.342 % | £601,610 | £721,610 |
| 6 Month Average | 385.168 % | £462,201 | £582,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £722,192 | £700,000 | BRICK KILN COTTAGE MARLBOROUGH ROAD |
| 3 Apr 2023 | £713,342 | £700,000 | FLAT 2 26 NORTH PARADE |
| 17 Aug 2022 | £798,735 | £795,000 | 31 MARLBOROUGH ROAD |
| 29 Apr 2022 | £1,556,133 | £1,500,000 | 46 HOTSON ROAD |
| 10 Feb 2022 | £934,965 | £885,000 | 62 HOTSON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Parade |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near North Parade |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Dunwich Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Dunwich Road |
| Sep 2024 | Burglary | Under investigation | On or near Stradbroke Road |