£345,375
This estimated value is based upon the latest sale price for the house of £229,000 on 14 Oct 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £229,000 | 14 Oct 2014 |
| Terraced |
| 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 October 2014 the House Price Index for SUFFOLK was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £229,000 results in an estimated price of approximately £345,375.
| 14 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £229,000 | £116,375 | £345,375 |
The Postcode Pricing Model uses changes in average sales price within the IP7 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 | 59.405 % | £136,036 | £365,036 |
| 3 Month Average | 28.850 % | £66,067 | £295,067 |
| 6 Month Average | 33.767 % | £77,326 | £306,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £200,000 | £200,000 | 13 SMOCK MEADOW |
| 16 Apr 2024 | £630,475 | £625,000 | NEWBERRY BARN MANOR ROAD |
| 22 Nov 2023 | £194,949 | £190,000 | 6 SMOCK MEADOW |
| 14 Aug 2023 | £254,592 | £250,000 | 10 NEWBERRY ROAD |
| 13 Jun 2023 | £474,509 | £465,000 | 9 MANOR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Paddocks Way |
| Jul 2024 | Other crime | Further investigation is not in the public interest | On or near Paddocks Way |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rotheram Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Street |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Market Place |