£226,567
This estimated value is based upon the latest sale price for the house of £180,000 on 26 Feb 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £180,000 | 26 Feb 2018 |
| 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 February 2018 the House Price Index for SUFFOLK was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £180,000 results in an estimated price of approximately £226,567.
| 26 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £180,000 | £46,567 | £226,567 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 25.290 % | £45,521 | £225,521 |
| 3 Month Average | 37.660 % | £67,788 | £247,788 |
| 6 Month Average | 32.737 % | £58,926 | £238,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £275,000 | £275,000 | 20A UNION LANE |
| 24 Nov 2023 | £205,209 | £200,000 | 16A UNION LANE |
| 14 Apr 2023 | £260,880 | £256,000 | 15 UNION LANE |
| 27 Jan 2023 | £160,429 | £160,000 | 77 OULTON STREET |
| 27 May 2022 | £138,611 | £135,000 | 42 OULTON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1375 |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Red House Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Union Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Melrose Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Melrose Close |