£510,763
This estimated value is based upon the latest sale price for the house of £89,000 on 9 Oct 1995. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £89,000 | 9 Oct 1995 |
| 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 October 1995 the House Price Index for SUFFOLK was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 473.891%.Applying this 473.891% change to the original purchase price of £89,000 results in an estimated price of approximately £510,763.
| 9 Oct 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 473.891 % | £89,000 | £421,763 | £510,763 |
The Postcode Pricing Model uses changes in average sales price within the IP29 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 | 491.370 % | £437,319 | £526,319 |
| 3 Month Average | 420.427 % | £374,179 | £463,179 |
| 6 Month Average | 423.016 % | £376,484 | £465,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jun 2024 | £395,000 | £395,000 | 19 MAJORS CLOSE |
| 29 Nov 2023 | £520,205 | £507,000 | HAYSTACKS QUEENS LANE |
| 4 Oct 2023 | £342,785 | £335,000 | 1 TUDOR CLOSE |
| 12 Jun 2023 | £448,998 | £440,000 | 42 MAJORS CLOSE |
| 1 Jun 2023 | £346,902 | £339,950 | 16 ELIZABETH DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lancaster Close |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lancaster Close |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Silver Tree Way |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Silver Tree Way |
| Oct 2024 | Other theft | Under investigation | On or near Benwell Close |