£288,888
This estimated value is based upon the latest sale price for the house of £285,000 on 12 Jul 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £285,000 | 12 Jul 2023 |
| 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 July 2023 the House Price Index for SUFFOLK was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £285,000 results in an estimated price of approximately £288,888.
| 12 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £285,000 | £3,888 | £288,888 |
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 | 15.747 % | £44,877 | £329,877 |
| 3 Month Average | 11.814 % | £33,669 | £318,669 |
| 6 Month Average | 9.854 % | £28,084 | £313,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £317,780 | £315,000 | 57A OAKLANDS DRIVE |
| 25 Aug 2023 | £249,684 | £247,500 | 37 HILLSIDE |
| 12 Jul 2023 | £288,888 | £285,000 | 25 OAKLANDS DRIVE |
| 7 Jul 2023 | £210,331 | £207,500 | 11 OAKLANDS DRIVE |
| 2 Jun 2023 | £232,820 | £230,000 | 19 HILLSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Oaklands Drive |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Brandon Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Mile End |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Crown Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crown Street |