£545,860
This estimated value is based upon the latest sale price for the house of £360,000 on 25 Sep 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £360,000 | 25 Sep 2014 |
| £329,995 | 3 Oct 2011 |
| 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 September 2014 the House Price Index for SUFFOLK was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £360,000 results in an estimated price of approximately £545,860.
| 25 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £360,000 | £185,860 | £545,860 |
The Postcode Pricing Model uses changes in average sales price within the IP31 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 | -55.806 % | £-200,902 | £159,097 |
| 3 Month Average | 38.346 % | £138,045 | £498,045 |
| 6 Month Average | 44.075 % | £158,670 | £518,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £279,291 | £275,000 | 2 GROVE PARK |
| 11 Dec 2023 | £306,931 | £297,500 | 16 GROVE PARK |
| 1 Jun 2023 | £250,010 | £245,000 | 46 TOWNHOUSE ROAD |
| 14 Mar 2023 | £242,042 | £238,000 | 36 TOWNHOUSE ROAD |
| 3 Oct 2022 | £344,848 | £346,000 | 4 WILLOW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Elm Drive | |
| Sep 2024 | Anti-social behaviour | On or near Elm Drive | |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Elm Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Finningham Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Willow Close |