£1,232,832
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Dec 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 12 Dec 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 December 1997 the House Price Index for SUFFOLK was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £250,000 results in an estimated price of approximately £1,232,832.
| 12 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 149.7 | 393.133 % | £250,000 | £982,832 | £1,232,832 |
The Postcode Pricing Model uses changes in average sales price within the IP15 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 | 321.009 % | £802,521 | £1,052,521 |
| 3 Month Average | 477.531 % | £1,193,828 | £1,443,828 |
| 6 Month Average | 614.160 % | £1,535,400 | £1,785,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Aug 2024 | £1,300,000 | £1,300,000 | SUILVEN CRESCENT ROAD |
| 13 May 2022 | £1,232,099 | £1,200,000 | PARK COTTAGE PARK LANE |
| 22 Dec 2021 | £742,564 | £688,000 | 40 LEE ROAD |
| 2 Nov 2021 | £2,574,134 | £2,362,632 | 36 PARK ROAD |
| 8 Dec 2020 | £1,560,882 | £1,350,000 | 7 LEE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Supermarket |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Crespigny Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Crespigny Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crespigny Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near High Street |