£177,856
This estimated value is based upon the latest sale price for the house of £51,000 on 12 Apr 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £51,000 | 12 Apr 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 April 2001 the House Price Index for SUFFOLK was 42.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 248.739%.Applying this 248.739% change to the original purchase price of £51,000 results in an estimated price of approximately £177,856.
| 12 Apr 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 149.7 | 248.739 % | £51,000 | £126,856 | £177,856 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 278.572 % | £142,071 | £193,071 |
| 3 Month Average | 249.727 % | £127,360 | £178,360 |
| 6 Month Average | 213.093 % | £108,677 | £159,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £330,071 | £325,000 | 78 LONDON ROAD |
| 4 Mar 2024 | £203,121 | £200,000 | OLD POLICE HOUSE, 89 LONDON ROAD |
| 31 Oct 2023 | £179,067 | £175,000 | 74D LONDON ROAD |
| 26 Oct 2023 | £163,718 | £160,000 | 11 THE ORCHARD |
| 18 Sep 2023 | £163,607 | £160,000 | 4 THE ORCHARD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Stores Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stores Street |
| Jul 2024 | Public order | Formal action is not in the public interest | On or near Stores Street |
| Jul 2024 | Public order | Under investigation | On or near Stores Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stores Street |