£527,808
This estimated value is based upon the latest sale price for the house of £435,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £435,000 | 20 Mar 2020 |
| £159,000 | 24 Aug 2001 |
| 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 March 2020 the House Price Index for SUFFOLK was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £435,000 results in an estimated price of approximately £527,808.
| 20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £435,000 | £92,808 | £527,808 |
The Postcode Pricing Model uses changes in average sales price within the IP31 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 | -43.978 % | £-191,305 | £243,694 |
| 3 Month Average | -0.799 % | £-3,477 | £431,522 |
| 6 Month Average | 1.776 % | £7,725 | £442,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £230,000 | £230,000 | 11 PRIORY CLOSE |
| 20 Oct 2023 | £511,620 | £500,000 | CHIPPINGS BEAUFORD ROAD |
| 27 May 2022 | £282,356 | £275,000 | 12 PRIORY CLOSE |
| 8 Apr 2022 | £308,114 | £297,000 | 45 BEAUFORD ROAD |
| 4 Mar 2022 | £266,203 | £255,000 | 9 GLEBE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Beauford Road |
| Jul 2024 | Drugs | Further investigation is not in the public interest | On or near Maltings Lane |
| Jul 2024 | Burglary | Suspect charged as part of another case | On or near Maltings Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Road |
| Jul 2024 | Burglary | Suspect charged as part of another case | On or near The Street |