£1,092,375
This estimated value is based upon the latest sale price for the house of £875,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £875,000 | 6 Jul 2018 |
| Semi-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 July 2018 the House Price Index for SUFFOLK was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £875,000 results in an estimated price of approximately £1,092,375.
| 6 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £875,000 | £217,375 | £1,092,375 |
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 | 82.356 % | £720,616 | £1,595,616 |
| 3 Month Average | 31.589 % | £276,403 | £1,151,403 |
| 6 Month Average | 14.605 % | £127,790 | £1,002,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £691,001 | £685,000 | 47 CHAPEL STREET |
| 20 Sep 2023 | £409,016 | £400,000 | 20 SQUIRRELLS MILL ROAD |
| 14 Aug 2023 | £896,163 | £880,000 | THE LODGE, 154 HIGH STREET |
| 14 Aug 2023 | £254,592 | £250,000 | 10 NEWBERRY ROAD |
| 29 Jun 2023 | £535,736 | £525,000 | 6 CHAPEL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Street |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Market Place |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Market Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Paddocks Way |
| Jul 2024 | Other crime | Further investigation is not in the public interest | On or near Paddocks Way |