£504,839
This estimated value is based upon the latest sale price for the house of £300,000 on 29 Aug 2008. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 29 Aug 2008 |
| 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 August 2008 the House Price Index for SUFFOLK was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £300,000 results in an estimated price of approximately £504,839.
| 29 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £300,000 | £204,839 | £504,839 |
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 | 50.123 % | £150,369 | £450,369 |
| 3 Month Average | 71.763 % | £215,287 | £515,287 |
| 6 Month Average | 45.984 % | £137,950 | £437,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2022 | £862,184 | £850,000 | 6 GILES WAY |
| 10 Jun 2022 | £1,014,335 | £1,000,000 | THE GABLES WESTERFIELD ROAD |
| 11 May 2022 | £827,594 | £812,000 | 4 GILES WAY |
| 22 Apr 2022 | £499,453 | £485,000 | WEREHAM COTTAGE MILL LANE |
| 26 Oct 2021 | £1,543,537 | £1,395,000 | FIVE GABLES THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Street |
| Mar 2024 | Other crime | Under investigation | On or near The Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tuddenham Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Mow Hill |
| Mar 2024 | Burglary | Under investigation | On or near Westerfield Lane |