£488,244
This estimated value is based upon the latest sale price for the house of £85,000 on 4 Aug 1995. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £85,000 | 4 Aug 1995 |
| 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 1995 the House Price Index for SUFFOLK was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.405%.Applying this 474.405% change to the original purchase price of £85,000 results in an estimated price of approximately £488,244.
| 4 Aug 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 474.405 % | £85,000 | £403,244 | £488,244 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 483.237 % | £410,751 | £495,751 |
| 3 Month Average | 440.712 % | £374,605 | £459,605 |
| 6 Month Average | 470.053 % | £399,545 | £484,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2024 | £475,000 | £475,000 | JACKSONVILLE RECTORY ROAD |
| 8 Jun 2023 | £663,292 | £650,000 | ORCHARD LODGE, 2 SORRELL GREEN |
| 4 Apr 2023 | £407,624 | £400,000 | THE COTTAGE POTASH LANE |
| 13 Jan 2023 | £319,855 | £319,000 | SOUTHFIELDS RECTORY ROAD |
| 27 Jan 2022 | £689,129 | £650,000 | THE COACH HOUSE THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rectory Road |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sorrell Green |
| Jul 2024 | Vehicle crime | Under investigation | On or near Rectory Road |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Potash Lane |
| Oct 2024 | Shoplifting | Under investigation | On or near Petrol Station |