£281,699
This estimated value is based upon the latest sale price for the house of £261,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £261,000 | 17 Dec 2021 |
| £172,000 | 30 May 2014 |
| 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 December 2021 the House Price Index for SUFFOLK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £261,000 results in an estimated price of approximately £281,699.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £261,000 | £20,699 | £281,699 |
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 | 17.987 % | £46,947 | £307,947 |
| 3 Month Average | -0.890 % | £-2,321 | £258,678 |
| 6 Month Average | 12.220 % | £31,895 | £292,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2024 | £325,000 | £325,000 | 14 SILVER STREET |
| 18 Mar 2024 | £370,695 | £365,000 | 11 TRAFFORD CLOSE |
| 31 Oct 2023 | £214,880 | £210,000 | 22 FALCONER AVENUE |
| 23 Mar 2023 | £386,454 | £380,000 | 6 FALCONER AVENUE |
| 22 Jul 2022 | £303,036 | £300,000 | 10 KNIGHTS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenacres |
| Aug 2024 | Drugs | Awaiting court outcome | On or near Finningham Road |
| Jul 2024 | Burglary | Under investigation | On or near Finningham Road |
| Oct 2024 | Other crime | Further investigation is not in the public interest | On or near Cross Green |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cross Green |