£521,553
This estimated value is based upon the latest sale price for the house of £499,604 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £499,604 | 31 Mar 2022 |
| £385,000 | 10 Sep 2013 |
| £182,100 | 7 Nov 2003 |
| 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 March 2022 the House Price Index for SUFFOLK was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £499,604 results in an estimated price of approximately £521,553.
| 31 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £499,604 | £21,949 | £521,553 |
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 | 1.505 % | £7,517 | £507,121 |
| 3 Month Average | -15.356 % | £-76,719 | £422,884 |
| 6 Month Average | -5.095 % | £-25,456 | £474,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £1,371,065 | £1,350,000 | OLD PARSONAGE HOUSE |
| 8 Dec 2023 | £474,583 | £460,000 | FARRIERS END COLETHORPE LANE |
| 9 Nov 2023 | £815,706 | £795,000 | 34 - 35 CASTLE COTTAGE |
| 19 Oct 2023 | £255,759 | £249,950 | 28 BRITTONS CRESCENT |
| 13 Oct 2023 | £240,461 | £235,000 | 24 BRITTONS CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burgate Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near New Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Cedar Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Cedar Road |