£1,977,352
This estimated value is based upon the latest sale price for the house of £1,600,000 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £1,600,000 | 12 Dec 2019 |
| £1,300,000 | 5 Apr 2018 |
| 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 December 2019 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £1,600,000 results in an estimated price of approximately £1,977,352.
| 12 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £1,600,000 | £377,352 | £1,977,352 |
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 | 109.379 % | £1,750,059 | £3,350,059 |
| 3 Month Average | 10.575 % | £169,204 | £1,769,204 |
| 6 Month Average | 6.163 % | £98,601 | £1,698,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £731,351 | £725,000 | BRICK KILN HOUSE SHELLEY ROAD |
| 31 Mar 2023 | £2,084,817 | £2,050,000 | SHELLEY HOUSE |
| 25 Jan 2023 | £220,589 | £220,000 | 44 BRETT GREEN |
| 24 Jan 2023 | £952,545 | £950,000 | THE GRANARY MILL LANE |
| 26 Sep 2022 | £599,599 | £600,000 | CHERRY TREE COTTAGE SULLEYS HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wade'S Lane |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wade'S Lane |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Upper Street |
| Oct 2024 | Other crime | Under investigation | On or near Rectory Close |
| Sep 2024 | Theft from the person | Under investigation | On or near Rectory Close |