£431,062
This estimated value is based upon the latest sale price for the house of £173,000 on 23 Jan 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £173,000 | 23 Jan 2003 |
| £48,000 | 23 May 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 January 2003 the House Price Index for SUFFOLK was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £173,000 results in an estimated price of approximately £431,062.
| 23 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £173,000 | £258,062 | £431,062 |
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 | 139.240 % | £240,885 | £413,885 |
| 3 Month Average | 145.070 % | £250,970 | £423,970 |
| 6 Month Average | 167.334 % | £289,487 | £462,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £127,905 | £125,000 | 722 OLD NORWICH ROAD |
| 14 Apr 2022 | £326,788 | £315,000 | 42 MALKIN CLOSE |
| 5 Oct 2021 | £373,414 | £335,000 | 724 OLD NORWICH ROAD |
| 3 Jun 2021 | £239,952 | £222,000 | 70 MALKIN CLOSE |
| 12 Mar 2021 | £274,730 | £245,000 | 8 BALLATER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ballater Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ballater Close |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ballater Close |
| Sep 2024 | Anti-social behaviour | On or near Ballater Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ballater Close |