£570,183
This estimated value is based upon the latest sale price for the house of £455,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £455,000 | 29 Jun 2018 |
| £328,500 | 11 Nov 2011 |
| £250,000 | 5 Dec 2002 |
| 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 June 2018 the House Price Index for SUFFOLK was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £455,000 results in an estimated price of approximately £570,183.
| 29 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £455,000 | £115,183 | £570,183 |
The Postcode Pricing Model uses changes in average sales price within the IP6 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 | 0.780 % | £3,549 | £458,549 |
| 3 Month Average | 4.236 % | £19,273 | £474,273 |
| 6 Month Average | 16.783 % | £76,363 | £531,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £495,615 | £488,000 | 5 SORREL CLOSE |
| 19 Dec 2023 | £317,248 | £307,500 | 8 SHARPSTONE STREET |
| 16 Jan 2023 | £270,723 | £270,000 | 6 SHARPSTONE STREET |
| 9 Sep 2022 | £357,261 | £357,500 | 10 SANDY LANE |
| 6 Jun 2022 | £270,788 | £265,000 | 1 NURSERY COTTAGE NORWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park/Open Space |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower Street |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower Street |
| Aug 2024 | Public order | Local resolution | On or near The Crescent |