£866,630
This estimated value is based upon the latest sale price for the house of £851,000 on 31 Aug 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£851,000 | 31 Aug 2023 |
£750,000 | 15 Jun 2020 |
£550,000 | 12 Jul 2012 |
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 August 2023 the House Price Index for SUFFOLK was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £851,000 results in an estimated price of approximately £866,630.
31 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £851,000 | £15,630 | £866,630 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | -4.183 % | £-35,599 | £815,400 |
3 Month Average | -19.117 % | £-162,684 | £688,315 |
6 Month Average | -6.766 % | £-57,577 | £793,422 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2024 | £245,000 | £245,000 | 4 BLACKSMITHS LANE |
31 Aug 2023 | £866,631 | £851,000 | BEECH HOUSE THE STREET |
30 Mar 2023 | £762,738 | £750,000 | RIDGEWOOD BRENT MILL DRIVE |
26 Aug 2022 | £336,825 | £335,250 | 1 JAGGARDS COTTAGES |
20 Apr 2022 | £855,873 | £825,000 | MILLFIELD |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Awaiting court outcome | On or near Church Lane |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Brent Mill Drive |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prentice Street |
Oct 2024 | Other crime | Unable to prosecute suspect | On or near Shilling Street |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Shilling Street |