£498,115
This estimated value is based upon the latest sale price for the house of £400,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £400,000 | 24 May 2019 |
| 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 May 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £400,000 results in an estimated price of approximately £498,115.
| 24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £400,000 | £98,115 | £498,115 |
The Postcode Pricing Model uses changes in average sales price within the IP31 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 | 37.782 % | £151,126 | £551,126 |
| 3 Month Average | -0.845 % | £-3,379 | £396,620 |
| 6 Month Average | 11.117 % | £44,466 | £444,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £487,371 | £475,000 | 13 HEATH ROAD |
| 9 Aug 2023 | £381,888 | £375,000 | 3 HEATH COURT |
| 17 Mar 2023 | £991,559 | £975,000 | 90 - 92 BARTON ROAD |
| 29 Jul 2022 | £752,540 | £745,000 | 72 BARTON ROAD |
| 30 Sep 2021 | £320,243 | £295,000 | 4 THE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Way |
| Jul 2024 | Anti-social behaviour | On or near Marley Close | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marley Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Marley Close |
| Apr 2024 | Drugs | Under investigation | On or near Marley Close |