£384,843
This estimated value is based upon the latest sale price for the house of £310,000 on 17 Oct 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £310,000 | 17 Oct 2018 |
| Terraced |
| 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 October 2018 the House Price Index for SUFFOLK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £310,000 results in an estimated price of approximately £384,843.
| 17 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £310,000 | £74,843 | £384,843 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 16.279 % | £50,465 | £360,465 |
| 3 Month Average | 9.142 % | £28,341 | £338,341 |
| 6 Month Average | 13.864 % | £42,978 | £352,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2024 | £402,000 | £402,000 | 41 GAINSBOROUGH STREET |
| 30 Sep 2024 | £320,000 | £320,000 | 6 SCHOOL STREET |
| 24 May 2024 | £450,000 | £450,000 | 56 FRIARS STREET |
| 19 Dec 2023 | £198,603 | £192,500 | 21 GAINSBOROUGH STREET |
| 6 Nov 2023 | £271,902 | £265,000 | 20A GAINSBOROUGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bus/Coach Station |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near School Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Gainsborough Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gainsborough Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |