£641,995
This estimated value is based upon the latest sale price for the house of £360,000 on 9 Sep 2009. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £360,000 | 9 Sep 2009 |
| Terraced |
| 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 2009 the House Price Index for SUFFOLK was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £360,000 results in an estimated price of approximately £641,995.
| 9 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £360,000 | £281,995 | £641,995 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | 78.531 % | £282,710 | £642,710 |
| 3 Month Average | 32.972 % | £118,700 | £478,700 |
| 6 Month Average | 55.917 % | £201,300 | £561,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £203,005 | £200,000 | 1C RONALD LANE |
| 9 Aug 2023 | £183,102 | £181,500 | 31 BEAUMONT COTTAGES |
| 2 Feb 2023 | £224,849 | £225,000 | 2 DOVE CLOSE |
| 7 Oct 2022 | £358,638 | £362,500 | 14 ORWELL AVENUE |
| 26 Aug 2022 | £294,208 | £295,000 | 7 ORWELL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Southview | |
| Dec 2023 | Anti-social behaviour | On or near Southview | |
| Dec 2023 | Anti-social behaviour | On or near Southview | |
| Dec 2023 | Anti-social behaviour | On or near Southview | |
| Jan 2024 | Other crime | Awaiting court outcome | On or near Pear Tree Close |