£378,826
This estimated value is based upon the latest sale price for the house of £372,500 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £372,500 | 24 Mar 2023 |
| 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 March 2023 the House Price Index for SUFFOLK was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £372,500 results in an estimated price of approximately £378,826.
| 24 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £372,500 | £6,326 | £378,826 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | -41.189 % | £-153,429 | £219,070 |
| 3 Month Average | -12.445 % | £-46,357 | £326,142 |
| 6 Month Average | -4.994 % | £-18,602 | £353,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £270,973 | £265,000 | 23 FERRY ROAD |
| 26 Apr 2023 | £280,242 | £275,000 | 8 CASTLE LANE |
| 24 Mar 2023 | £378,826 | £372,500 | CRINNIS FRONT STREET |
| 30 Jan 2023 | £400,069 | £399,000 | 16 MUNDAYS LANE |
| 11 Nov 2022 | £358,324 | £360,000 | 113 FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nightingale Piece |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Town Farm Estate |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Castle View |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Newton Broadway |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orford |