£129,703
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £120,000 | 30 Jun 2021 |
| £29,995 | 9 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
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 June 2021 the House Price Index for SUFFOLK was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £120,000 results in an estimated price of approximately £129,703.
| 30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £120,000 | £9,703 | £129,703 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | -2.250 % | £-2,699 | £117,300 |
| 3 Month Average | 5.697 % | £6,836 | £126,836 |
| 6 Month Average | -0.944 % | £-1,133 | £118,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £234,000 | £234,000 | 23 MALLARD WAY |
| 9 Apr 2024 | £242,102 | £240,000 | 20 DRAKE CLOSE |
| 22 Nov 2023 | £125,691 | £122,500 | 7A DRAKE CLOSE |
| 6 Oct 2023 | £160,649 | £157,000 | 14 WOODCOTE |
| 5 Apr 2023 | £128,402 | £126,000 | 17 DRAKE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Heron Close |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Heron Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Onehouse Road |
| Sep 2024 | Other crime | Under investigation | On or near Cavendish Road |
| Sep 2024 | Possession of weapons | Under investigation | On or near Cavendish Road |