£59,359
This estimated value is based upon the latest sale price for the house of £48,000 on 1 Apr 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £48,000 | 1 Apr 2020 |
| £36,000 | 24 Mar 2011 |
| 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 April 2020 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £48,000 results in an estimated price of approximately £59,359.
| 1 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £48,000 | £11,359 | £59,359 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 328.828 % | £157,837 | £205,837 |
| 3 Month Average | 23.684 % | £11,368 | £59,368 |
| 6 Month Average | 16.187 % | £7,769 | £55,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £161,012 | £158,000 | 14 RENDLESHAM ROAD |
| 17 Oct 2022 | £124,584 | £125,000 | 20 RENDLESHAM ROAD |
| 18 Jul 2022 | £144,447 | £143,000 | 53 RENDLESHAM ROAD |
| 20 May 2022 | £169,414 | £165,000 | 42 BULWER ROAD |
| 25 Apr 2022 | £243,794 | £235,000 | 79 BULWER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Theft from the person | Unable to prosecute suspect | On or near Rendlesham Road |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rendlesham Road |
| Sep 2024 | Robbery | Under investigation | On or near Rendlesham Road |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rendlesham Road |
| Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Rendlesham Road |