£1,963,113
This estimated value is based upon the latest sale price for the house of £1,950,000 on 1 Feb 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £1,950,000 | 1 Feb 2023 |
| £1,195,200 | 25 Aug 2017 |
| £600,000 | 3 Aug 2009 |
| £600,000 | 3 Aug 2009 |
| Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,937 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 February 2023 the House Price Index for SUFFOLK was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £1,950,000 results in an estimated price of approximately £1,963,113.
| 1 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £1,950,000 | £13,113 | £1,963,113 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | -70.142 % | £-1,367,759 | £582,240 |
| 3 Month Average | -13.484 % | £-262,942 | £1,687,057 |
| 6 Month Average | -43.447 % | £-847,216 | £1,102,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £987,715 | £962,643 | 31 HIGH STREET |
| 24 Mar 2023 | £330,520 | £325,000 | FLAT 3 BRAMLEY HOUSE, 41 HIGH STREET |
| 28 Feb 2023 | £704,707 | £700,000 | 13 WYMERING ROAD |
| 1 Feb 2023 | £1,963,114 | £1,950,000 | FOREST COTTAGE BLACKMILL ROAD |
| 23 Jun 2022 | £923,746 | £904,000 | TURNSTILE COTTAGE SPINNERS LANE |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 11 Feb 2016. Using an estimated price of £1,963,114 means this house is valued at £10,906 per sq meter (£1,013 per sq foot).
There is one other house on the street which we know the size of, this is THE CORNSTORE BLACKMILL ROAD it is 125.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Spinners Lane |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near High Street |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Manor Farm Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Victoria Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Station Road |