£344,696
This estimated value is based upon the latest sale price for the house of £67,000 on 2 May 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £67,000 | 2 May 1997 |
| 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 1997 the House Price Index for SUFFOLK was 28.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 414.472%.Applying this 414.472% change to the original purchase price of £67,000 results in an estimated price of approximately £344,696.
| 2 May 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.0 | 414.472 % | £67,000 | £277,696 | £344,696 |
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 | 289.602 % | £194,033 | £261,033 |
| 3 Month Average | 338.115 % | £226,537 | £293,537 |
| 6 Month Average | 343.398 % | £230,076 | £297,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £261,956 | £257,000 | 124 TRINITY CLOSE |
| 1 Dec 2023 | £519,835 | £510,000 | 3 THE BACKS |
| 25 Aug 2023 | £301,835 | £300,000 | 32 CAMBRIDGE ROAD |
| 8 Jul 2022 | £419,433 | £420,000 | 1 CAMBRIDGE ROAD |
| 30 Nov 2021 | £425,473 | £395,000 | 25 OXFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Orchard Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Orchard Grove |
| Feb 2024 | Anti-social behaviour | On or near Orchard Grove | |
| Feb 2024 | Anti-social behaviour | On or near Orchard Grove | |
| Feb 2024 | Anti-social behaviour | On or near Orchard Grove |