£501,582
This estimated value is based upon the latest sale price for the house of £235,000 on 12 Feb 2004. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£235,000 | 12 Feb 2004 |
£172,000 | 27 Apr 2001 |
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 2004 the House Price Index for SUFFOLK was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £235,000 results in an estimated price of approximately £501,582.
12 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £235,000 | £266,582 | £501,582 |
The Postcode Pricing Model uses changes in average sales price within the IP5 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 | 85.566 % | £201,080 | £436,080 |
3 Month Average | 88.829 % | £208,749 | £443,749 |
6 Month Average | 81.743 % | £192,095 | £427,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £392,047 | £380,000 | 52 JEAVONS LANE |
14 Dec 2023 | £242,450 | £235,000 | 38 HARTREE WAY |
28 Sep 2023 | £5,828 | £5,700 | 1 TOMMY FLOWERS DRIVE |
8 Sep 2023 | £434,580 | £425,000 | 12 TOMMY FLOWERS DRIVE |
18 Nov 2022 | £560,380 | £563,000 | 1 LYLE CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other crime | Further investigation is not in the public interest | On or near Goodman Grove |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Terry Gardens |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Turnbull Close |
Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Turing Court |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Turing Court |