£401,861
This estimated value is based upon the latest sale price for the house of £310,000 on 24 May 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £310,000 | 24 May 2017 |
| 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 May 2017 the House Price Index for SUFFOLK was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £310,000 results in an estimated price of approximately £401,861.
| 24 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £310,000 | £91,861 | £401,861 |
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 | 23.233 % | £72,021 | £382,021 |
| 3 Month Average | -2.299 % | £-7,127 | £302,872 |
| 6 Month Average | 5.731 % | £17,765 | £327,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £226,974 | £220,000 | 30 WOLTON ROAD |
| 14 Apr 2022 | £238,607 | £230,000 | 11 SHERWOOD FIELDS |
| 31 Mar 2022 | £396,695 | £380,000 | 2 HARRISON GROVE |
| 21 Feb 2022 | £229,251 | £217,000 | 26 SHERWOOD FIELDS |
| 18 Feb 2022 | £232,421 | £220,000 | 24 SHERWOOD FIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ferguson Way |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Ferguson Way |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ferguson Way |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Ferguson Way |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ferguson Way |