£651,397
This estimated value is based upon the latest sale price for the house of £640,000 on 19 Dec 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £640,000 | 19 Dec 2023 |
| £382,000 | 25 Jun 2013 |
| £315,000 | 23 Aug 2002 |
| 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 December 2023 the House Price Index for SUFFOLK was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £640,000 results in an estimated price of approximately £651,397.
| 19 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £640,000 | £11,397 | £651,397 |
The Postcode Pricing Model uses changes in average sales price within the IP21 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 | 2.487 % | £15,913 | £655,913 |
| 3 Month Average | 9.043 % | £57,873 | £697,873 |
| 6 Month Average | 0.829 % | £5,306 | £645,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £651,397 | £640,000 | 4 MEADOW WAY |
| 3 Aug 2023 | £287,515 | £285,000 | CORNER COTTAGE CHURCH STREET |
| 25 Jul 2023 | £192,592 | £190,000 | THE OLD FIRE STATION CHURCH STREET |
| 28 Feb 2023 | £549,630 | £550,000 | 3 KNEVETTS CLOSE |
| 24 Feb 2023 | £324,781 | £325,000 | BANK COTTAGE QUEEN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilby Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chantala Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chantala Close |