£617,700
This estimated value is based upon the latest sale price for the house of £500,000 on 9 Oct 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£500,000 | 9 Oct 2019 |
£179,000 | 16 Mar 1998 |
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 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £500,000 results in an estimated price of approximately £617,700.
9 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £500,000 | £117,700 | £617,700 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 209.523 % | £1,047,613 | £1,547,613 |
3 Month Average | 46.484 % | £232,419 | £732,419 |
6 Month Average | 17.440 % | £87,199 | £587,199 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jul 2024 | £220,000 | £220,000 | 41 WINDSOR ROAD |
3 May 2024 | £405,000 | £405,000 | 116 WANGFORD ROAD |
3 Oct 2023 | £340,739 | £333,000 | 43 WINDSOR ROAD |
30 Jun 2023 | £459,202 | £450,000 | 1 FIELDVIEW CLOSE |
21 Oct 2022 | £607,969 | £610,000 | 94 WANGFORD ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Under investigation | On or near Green Lane Close |
Sep 2024 | Vehicle crime | Under investigation | On or near Green Lane Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Adamson Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adamson Road |
Oct 2024 | Public order | Under investigation | On or near Shaddick Road |