£554,646
This estimated value is based upon the latest sale price for the house of £450,000 on 20 Feb 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £450,000 | 20 Feb 2020 |
| £320,000 | 5 Mar 2010 |
| £345,000 | 12 Dec 2007 |
| 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 February 2020 the House Price Index for SUFFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £450,000 results in an estimated price of approximately £554,646.
| 20 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £450,000 | £104,646 | £554,646 |
The Postcode Pricing Model uses changes in average sales price within the IP5 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 | 46.347 % | £208,560 | £658,560 |
| 3 Month Average | -0.726 % | £-3,266 | £446,733 |
| 6 Month Average | -1.527 % | £-6,872 | £443,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £185,706 | £180,000 | 9 TREMLETT LANE |
| 27 Oct 2023 | £332,553 | £325,000 | 49 DOBBS DRIFT |
| 12 Sep 2023 | £281,199 | £275,000 | 7 VINCENT DRIFT |
| 6 Sep 2023 | £613,525 | £600,000 | 14 TREMLETT LANE |
| 10 Feb 2023 | £238,594 | £237,000 | 29 TREMLETT LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near The Combers |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Goodman Grove |
| Jul 2024 | Other theft | Under investigation | On or near Terry Gardens |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Terry Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Jackson Close |