£409,392
This estimated value is based upon the latest sale price for the house of £399,000 on 16 Nov 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £399,000 | 16 Nov 2023 |
| £373,000 | 5 Dec 2022 |
| £237,000 | 8 Sep 2003 |
| 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 November 2023 the House Price Index for SUFFOLK was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £399,000 results in an estimated price of approximately £409,392.
| 16 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £399,000 | £10,392 | £409,392 |
The Postcode Pricing Model uses changes in average sales price within the IP30 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 | 18.028 % | £71,932 | £470,932 |
| 3 Month Average | -20.326 % | £-81,101 | £317,898 |
| 6 Month Average | -10.526 % | £-41,999 | £357,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £337,935 | £335,000 | 17 LOWER BROOM ROAD |
| 16 Nov 2023 | £409,392 | £399,000 | 6 WRIGHTS WAY |
| 1 Sep 2023 | £485,707 | £475,000 | 46 BRIAR HILL |
| 29 Nov 2022 | £567,347 | £570,000 | 14 STONALLS |
| 22 Jul 2022 | £225,257 | £223,000 | 22 WRIGHTS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Lower Broom Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Broomhill Lane |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Meadowlands |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Meadowlands |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Hay Barn Meadow |