£369,764
This estimated value is based upon the latest sale price for the house of £300,000 on 3 Feb 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 3 Feb 2020 |
| £132,500 | 21 Jun 2002 |
| 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 February 2020 the House Price Index for SUFFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £300,000 results in an estimated price of approximately £369,764.
| 3 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £300,000 | £69,764 | £369,764 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | 38.494 % | £115,481 | £415,481 |
| 3 Month Average | 27.686 % | £83,057 | £383,057 |
| 6 Month Average | 17.183 % | £51,548 | £351,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £318,074 | £310,000 | 60 SUFFOLK DRIVE |
| 6 Sep 2023 | £314,431 | £307,500 | 50 FOUNTAIN ROAD |
| 8 Jun 2023 | £244,908 | £240,000 | 18 TOWER FIELD ROAD |
| 15 Mar 2023 | £218,652 | £215,000 | 5 FOUNTAIN ROAD |
| 5 Nov 2021 | £261,485 | £240,000 | 34 SUFFOLK DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Welburn Close |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Welburn Close |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Welburn Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wood Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Harvey Way |