£268,700
This estimated value is based upon the latest sale price for the house of £225,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 7 Aug 2020 |
| £200,000 | 29 May 2015 |
| 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 August 2020 the House Price Index for SUFFOLK was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £225,000 results in an estimated price of approximately £268,700.
| 7 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £225,000 | £43,700 | £268,700 |
The Postcode Pricing Model uses changes in average sales price within the IP28 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 | 53.252 % | £119,817 | £344,817 |
| 3 Month Average | 22.755 % | £51,199 | £276,199 |
| 6 Month Average | 30.050 % | £67,611 | £292,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £262,125 | £260,000 | 4 SPEARMINT WAY |
| 15 Jul 2022 | £444,399 | £445,000 | 24B TURNPIKE ROAD |
| 6 Jul 2022 | £401,457 | £402,000 | 1 WINTERGREEN ROAD |
| 20 May 2022 | £253,772 | £250,000 | 12 ROSEHIP AVENUE |
| 14 Jan 2022 | £262,040 | £250,000 | 2 WINTERGREEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spearmint Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spearmint Way |
| Feb 2024 | Public order | Formal action is not in the public interest | On or near Turnpike Road |
| Mar 2024 | Anti-social behaviour | On or near Rosehip Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Rosehip Avenue |