£258,733
This estimated value is based upon the latest sale price for the house of £108,000 on 4 Apr 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £108,000 | 4 Apr 2003 |
| £77,000 | 12 Apr 2000 |
| 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 April 2003 the House Price Index for SUFFOLK was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £108,000 results in an estimated price of approximately £258,733.
| 4 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 148.6 | 139.568 % | £108,000 | £150,733 | £258,733 |
The Postcode Pricing Model uses changes in average sales price within the IP5 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 | 135.929 % | £146,803 | £254,803 |
| 3 Month Average | 173.311 % | £187,175 | £295,175 |
| 6 Month Average | 116.175 % | £125,468 | £233,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £443,166 | £437,500 | 2 BAILEY AVENUE |
| 16 Mar 2022 | £281,345 | £271,500 | 7 BRIGHTS WALK |
| 7 Mar 2022 | £246,630 | £238,000 | 7 BADEN POWELL WALK |
| 29 Nov 2021 | £281,194 | £260,000 | 2 BROADHURST TERRACE |
| 8 Oct 2021 | £292,110 | £264,000 | 4 BROADHURST TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brights Walk |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Jeavons Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Randall Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Newman Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hartree Way |