£203,856
This estimated value is based upon the latest sale price for the house of £200,000 on 21 Dec 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £200,000 | 21 Dec 2023 |
| £120,000 | 23 May 2005 |
| £115,000 | 6 May 2005 |
| £100,000 | 20 Nov 2002 |
| £66,000 | 8 Feb 2001 |
| Terraced |
| 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 December 2023 the House Price Index for SUFFOLK was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £200,000 results in an estimated price of approximately £203,856.
| 21 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £200,000 | £3,856 | £203,856 |
The Postcode Pricing Model uses changes in average sales price within the IP5 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 | -28.642 % | £-57,283 | £142,716 |
| 3 Month Average | -14.969 % | £-29,938 | £170,061 |
| 6 Month Average | -12.706 % | £-25,412 | £174,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £230,000 | £230,000 | 38 ELMERS LANE |
| 21 Dec 2023 | £203,857 | £200,000 | 26 ELMERS LANE |
| 11 Aug 2023 | £241,468 | £240,000 | 7 DICKINSON TERRACE |
| 31 May 2022 | £296,406 | £292,000 | 10 ELMERS LANE |
| 6 May 2022 | £522,771 | £515,000 | 70 ROPES DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Elmers Lane |
| Apr 2024 | Anti-social behaviour | On or near Dickinson Terrace | |
| Feb 2024 | Other theft | Under investigation | On or near Shelbourne Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairbairn Avenue |
| Jan 2024 | Anti-social behaviour | On or near Fairbairn Avenue |