£173,505
This estimated value is based upon the latest sale price for the house of £106,500 on 25 Jun 2008. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £106,500 | 25 Jun 2008 |
| £40,000 | 10 May 1995 |
| Flats/Maisonettes |
| 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 June 2008 the House Price Index for SUFFOLK was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £106,500 results in an estimated price of approximately £173,505.
| 25 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.916 % | £106,500 | £67,005 | £173,505 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 95.703 % | £101,923 | £208,423 |
| 3 Month Average | 74.642 % | £79,493 | £185,993 |
| 6 Month Average | 69.622 % | £74,147 | £180,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £220,600 | £215,000 | 75 BURY ROAD |
| 13 Nov 2023 | £220,600 | £215,000 | 8 THE OSIERS |
| 12 Oct 2023 | £235,345 | £230,000 | 63 BURY ROAD |
| 16 Jun 2023 | £132,658 | £130,000 | 57 GIPPING PLACE |
| 31 Oct 2022 | £926,904 | £930,000 | 93 BURY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Tree Road |