£822,224
This estimated value is based upon the latest sale price for the house of £650,000 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £650,000 | 25 Aug 2017 |
| Freehold |
| Floor Area: 266 sq meters or 2,863 sq feet |
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 2017 the House Price Index for SUFFOLK was 117.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.496%.Applying this 26.496% change to the original purchase price of £650,000 results in an estimated price of approximately £822,224.
| 25 Aug 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.0 | 26.496 % | £650,000 | £172,224 | £822,224 |
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 | 56.764 % | £368,967 | £1,018,967 |
| 3 Month Average | 6.292 % | £40,898 | £690,898 |
| 6 Month Average | 6.903 % | £44,872 | £694,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £572,348 | £565,000 | 50 CHURCH STREET |
| 26 Jul 2023 | £403,820 | £400,000 | 23 CHURCH STREET |
| 2 Jun 2023 | £473,842 | £470,000 | 45 CHURCH STREET |
| 24 Mar 2023 | £603,261 | £600,000 | 41 - 43 CHURCH STREET |
| 29 Aug 2022 | £4,966 | £5,000 | THE STABLES CRANLEY HALL CRANLEY ROAD |
This house has a floor area of 266 sq meters or 2,863 sq feet when measured on 28 Jun 2016. Using an estimated price of £822,224 means this house is valued at £3,091 per sq meter (£287 per sq foot).
The average size of a house on HOXNE ROAD is 141 sq meters (1,519 sq feet).
This house is the largest in the street with a floor area of 266 sq meters (2,863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cock'S Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ash Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ash Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ash Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Castle Hill |