£271,392
This estimated value is based upon the latest sale price for the house of £250,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 29 Sep 2021 |
| Semi-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 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £250,000 results in an estimated price of approximately £271,392.
| 29 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £250,000 | £21,392 | £271,392 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 16.004 % | £40,010 | £290,010 |
| 3 Month Average | 27.149 % | £67,871 | £317,871 |
| 6 Month Average | 18.820 % | £47,049 | £297,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £290,944 | £289,000 | 34 BROOKFIELD ROAD |
| 31 Jan 2022 | £291,555 | £275,000 | 47 BROOKFIELD ROAD |
| 24 Jan 2022 | £198,257 | £187,000 | 3 SPRINGFIELD LANE |
| 2 Dec 2021 | £215,862 | £200,000 | 5 SPRINGFIELD LANE |
| 29 Sep 2021 | £271,392 | £250,000 | 345 NORWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brookfield Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Brookfield Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mornington Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Springfield Lane |
| Sep 2024 | Violence and sexual offences | Offender given a caution | On or near Springfield Lane |