£392,894
This estimated value is based upon the latest sale price for the house of £363,500 on 11 Jun 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£363,500 | 11 Jun 2021 |
£330,000 | 24 Mar 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 June 2021 the House Price Index for SUFFOLK was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £363,500 results in an estimated price of approximately £392,894.
11 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £363,500 | £29,394 | £392,894 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | -22.398 % | £-81,416 | £282,083 |
3 Month Average | -14.203 % | £-51,629 | £311,870 |
6 Month Average | -14.946 % | £-54,329 | £309,170 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2024 | £312,716 | £310,000 | 3 RAVENS LANE |
22 Mar 2024 | £187,887 | £185,000 | 62 THE STREET |
20 Oct 2023 | £163,718 | £160,000 | 55 THE STREET |
5 Oct 2023 | £286,507 | £280,000 | 9 ORCHARD ROAD |
21 Apr 2023 | £336,290 | £330,000 | 2 ANGEL PLACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Local resolution | On or near Angel Place |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Angel Place |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Angel Place |
Oct 2024 | Public order | Under investigation | On or near The Street |
Oct 2024 | Public order | Awaiting court outcome | On or near Flindell Drive |