£1,238,269
This estimated value is based upon the latest sale price for the house of £910,000 on 29 Mar 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £910,000 | 29 Mar 2016 |
| 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 2016 the House Price Index for SUFFOLK was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £910,000 results in an estimated price of approximately £1,238,269.
| 29 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £910,000 | £328,269 | £1,238,269 |
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 | 17.086 % | £155,479 | £1,065,479 |
| 3 Month Average | 8.243 % | £75,007 | £985,007 |
| 6 Month Average | 13.309 % | £121,116 | £1,031,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2024 | £337,000 | £337,000 | 11 VALE LANE |
| 13 Dec 2023 | £711,874 | £690,000 | WOODVIEW DAIRY ROAD |
| 21 Nov 2023 | £128,256 | £125,000 | 3 THE STREET |
| 21 Nov 2023 | £128,256 | £125,000 | 4 THE STREET |
| 9 Jun 2023 | £581,656 | £570,000 | BROOK COTTAGE THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vale Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Watson'S Hill |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gallows Hill |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ward Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Friars Road |