£255,635
This estimated value is based upon the latest sale price for the house of £250,000 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Snare Drove
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| Price Paid | Date |
|---|---|
| £250,000 | 1 Sep 2023 |
| £196,150 | 22 Feb 2019 |
| £66,000 | 11 Dec 1998 |
| Semi-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 September 2023 the House Price Index for SUFFOLK was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £250,000 results in an estimated price of approximately £255,635.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £250,000 | £5,635 | £255,635 |
The Postcode Pricing Model uses changes in average sales price within the IP28 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 | -19.271 % | £-48,177 | £201,822 |
| 3 Month Average | -4.757 % | £-11,892 | £238,107 |
| 6 Month Average | -0.586 % | £-1,464 | £248,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £449,918 | £440,000 | OLD RISING SUN |
| 1 Sep 2023 | £255,635 | £250,000 | 7 SHIPPEA HILL ROAD |
| 30 Nov 2022 | £975,439 | £980,000 | SANDCHURCH LODGE HURDLE DROVE |
| 28 Oct 2022 | £144,516 | £144,999 | EDGE YARD, 28 |
| 26 Oct 2022 | £423,585 | £425,000 | 1 THE GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Snare Drove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Holywell Drove |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Farthing Drove |