£507,428
This estimated value is based upon the latest sale price for the house of £320,000 on 31 Mar 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£320,000 | 31 Mar 2014 |
£310,500 | 16 Jul 2007 |
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 2014 the House Price Index for SUFFOLK was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £320,000 results in an estimated price of approximately £507,428.
31 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £320,000 | £187,428 | £507,428 |
The Postcode Pricing Model uses changes in average sales price within the IP9 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 | 42.621 % | £136,386 | £456,386 |
3 Month Average | 32.449 % | £103,835 | £423,835 |
6 Month Average | 46.479 % | £148,732 | £468,732 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £453,949 | £440,000 | MORANT COTTAGE STUTTON LANE |
23 Nov 2023 | £268,824 | £262,000 | ELLIOTT COTTAGE CHURCH ROAD |
1 Sep 2023 | £281,199 | £275,000 | WEST MAINE THE HEATH |
14 Aug 2023 | £743,408 | £730,000 | MALTING FARM |
31 Mar 2023 | £416,963 | £410,000 | 6 SAMFORD COURT |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Glebe Close |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Green Lane |
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Jul 2024 | Anti-social behaviour | On or near Parking Area |