£360,993
This estimated value is based upon the latest sale price for the house of £335,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £335,000 | 29 Sep 2021 |
| 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 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £335,000 results in an estimated price of approximately £360,993.
| 29 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £335,000 | £25,993 | £360,993 |
The Postcode Pricing Model uses changes in average sales price within the IP23 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 | 102.712 % | £344,085 | £679,085 |
| 3 Month Average | 17.897 % | £59,954 | £394,954 |
| 6 Month Average | -12.854 % | £-43,061 | £291,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £319,080 | £315,000 | MALT HOUSE THE STREET |
| 24 Aug 2023 | £384,867 | £381,500 | 2 TURNPIKE COTTAGES NORWICH ROAD |
| 6 Mar 2023 | £517,879 | £513,000 | STOW THORNEY MENDLESHAM ROAD |
| 31 Mar 2022 | £326,423 | £315,000 | DELTONA GRIFFIN LANE |
| 11 Mar 2022 | £668,389 | £645,000 | HILL HOUSE NORWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Griffin Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Church Street |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Church Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Church Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Thwaite Road |