£618,428
This estimated value is based upon the latest sale price for the house of £390,000 on 3 Mar 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £390,000 | 3 Mar 2014 |
| 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 March 2014 the House Price Index for SUFFOLK was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £390,000 results in an estimated price of approximately £618,428.
| 3 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £390,000 | £228,428 | £618,428 |
The Postcode Pricing Model uses changes in average sales price within the IP10 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 | 29.161 % | £113,726 | £503,726 |
| 3 Month Average | 64.218 % | £250,449 | £640,449 |
| 6 Month Average | 59.859 % | £233,450 | £623,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £404,180 | £395,000 | 51 MEADOWLANDS |
| 26 Jan 2023 | £511,366 | £510,000 | 28 RECTORY LANE |
| 23 Feb 2022 | £591,616 | £560,000 | 7 RECTORY LANE |
| 26 Oct 2021 | £306,534 | £275,000 | 4 PARK LANE |
| 30 Sep 2021 | £314,815 | £290,000 | 4 CHURCH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rivett Close |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rivett Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Rivett Close |
| Sep 2024 | Vehicle crime | Under investigation | On or near Rectory Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rectory Lane |