£1,615,720
This estimated value is based upon the latest sale price for the house of £1,500,000 on 29 Nov 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Watermill Road
More crime details
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Price Paid | Date |
---|---|
£1,500,000 | 29 Nov 2021 |
£385,000 | 15 May 2015 |
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 November 2021 the House Price Index for SUFFOLK was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,615,720.
29 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.0 | 7.715 % | £1,500,000 | £115,720 | £1,615,720 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | 4.117 % | £61,748 | £1,561,748 |
3 Month Average | -6.436 % | £-96,541 | £1,403,458 |
6 Month Average | 8.022 % | £120,327 | £1,620,327 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £474,488 | £470,000 | 10 BLACKTHORNS |
22 Jun 2023 | £342,779 | £340,000 | UNIT 1 CHAPEL WORKS NEWBOURNE ROAD |
31 Mar 2023 | £653,533 | £650,000 | 10 IPSWICH ROAD |
24 Mar 2023 | £251,359 | £250,000 | THE OLD CHAPEL THE STREET |
13 Mar 2023 | £603,261 | £600,000 | 7 IPSWICH ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Watermill Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Newbourne Park |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Newbourne Road |