£428,735
This estimated value is based upon the latest sale price for the house of £345,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £345,000 | 14 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 sq feet |
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 December 2018 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £345,000 results in an estimated price of approximately £428,735.
| 14 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £345,000 | £83,735 | £428,735 |
The Postcode Pricing Model uses changes in average sales price within the IP19 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 | 69.789 % | £240,771 | £585,771 |
| 3 Month Average | 51.987 % | £179,356 | £524,356 |
| 6 Month Average | 18.977 % | £65,469 | £410,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £355,461 | £350,000 | 2 HILL FARM ROAD |
| 3 Nov 2023 | £235,990 | £230,000 | 40 HILL FARM ROAD |
| 27 Oct 2023 | £230,229 | £225,000 | 38 HILL FARM ROAD |
| 14 Apr 2023 | £407,624 | £400,000 | 5 CASTLE HILL |
| 24 Feb 2023 | £352,354 | £350,000 | 9 HILL FARM ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 22 Sep 2018. Using an estimated price of £428,735 means this house is valued at £3,602 per sq meter (£334 per sq foot).
The average size of a house on CASTLE HILL is 160 sq meters (1,722 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near The Paddocks |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Paddocks |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Paddocks |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Paddocks |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bensly'S Drift |