£1,219,195
This estimated value is based upon the latest sale price for the house of £1,030,956 on 28 Sep 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £1,030,956 | 28 Sep 2020 |
| £420,000 | 28 Sep 2020 |
| Freehold |
| Floor Area: 279 sq meters or 3,003 sq feet |
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 September 2020 the House Price Index for SUFFOLK was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £1,030,956 results in an estimated price of approximately £1,219,195.
| 28 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £1,030,956 | £188,239 | £1,219,195 |
The Postcode Pricing Model uses changes in average sales price within the IP7 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 | 49.449 % | £509,795 | £1,540,751 |
| 3 Month Average | 45.833 % | £472,516 | £1,503,472 |
| 6 Month Average | 20.082 % | £207,034 | £1,237,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £470,360 | £467,500 | 9 BARNES CLOSE |
| 25 Nov 2022 | £324,734 | £330,000 | MILLERS VIEW TOWER MILL LANE |
| 31 Oct 2022 | £310,386 | £315,000 | 1 TOWER LODGE TOWER MILL LANE |
| 14 Apr 2022 | £266,667 | £260,000 | 2 LADY LANE |
| 18 Mar 2022 | £495,398 | £480,000 | HIGH CROFT LADY LANE |
This house has a floor area of 279 sq meters or 3,003 sq feet when measured on 2 Mar 2021. Using an estimated price of £1,219,195 means this house is valued at £4,369 per sq meter (£405 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Green |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tenter Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenter Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenter Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenter Close |