£569,923
This estimated value is based upon the latest sale price for the house of £525,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £525,000 | 28 Sep 2021 |
| £212,000 | 17 Aug 2000 |
| 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 September 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £525,000 results in an estimated price of approximately £569,923.
| 28 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £525,000 | £44,923 | £569,923 |
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 | 29.803 % | £156,464 | £681,464 |
| 3 Month Average | 19.103 % | £100,289 | £625,289 |
| 6 Month Average | -11.855 % | £-62,238 | £462,761 |
| 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 |
| 15 Feb 2023 | £906,052 | £900,000 | OAKVIEW NORWICH ROAD |
| 16 Jan 2023 | £270,723 | £270,000 | 6 SHARPSTONE STREET |
| 28 Nov 2022 | £358,324 | £360,000 | CEDAR COTTAGE NORWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Sturgeon Way |
| Aug 2024 | Public order | Local resolution | On or near The Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mulberry Gardens |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Sep 2024 | Anti-social behaviour | On or near Parking Area |