£419,893
This estimated value is based upon the latest sale price for the house of £425,000 on 2 Sep 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £425,000 | 2 Sep 2022 |
| 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 September 2022 the House Price Index for SUFFOLK was 149.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.202%.Applying this -1.202% change to the original purchase price of £425,000 results in an estimated price of approximately £419,893.
| 2 Sep 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.0 | -1.202 % | £425,000 | £-5,106 | £419,893 |
The Postcode Pricing Model uses changes in average sales price within the IP9 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 | -40.026 % | £-170,111 | £254,888 |
| 3 Month Average | -31.496 % | £-133,858 | £291,141 |
| 6 Month Average | -13.578 % | £-57,705 | £367,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £307,913 | £305,000 | 17 TOLLGATE ROAD |
| 5 Jun 2023 | £304,469 | £302,000 | 1 CHAPEL CLOSE |
| 1 Jun 2023 | £274,450 | £272,225 | 4 CHAPEL CLOSE |
| 30 Mar 2023 | £370,000 | £368,000 | 3 CHAPEL CLOSE |
| 17 Feb 2023 | £403,093 | £405,000 | 71 THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chapel Close |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Chapel Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bushey Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Playfield Road |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Playfield Road |