£434,283
This estimated value is based upon the latest sale price for the house of £425,000 on 9 Jun 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £425,000 | 9 Jun 2022 |
| 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 June 2022 the House Price Index for SUFFOLK was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £425,000 results in an estimated price of approximately £434,283.
| 9 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £425,000 | £9,283 | £434,283 |
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 | -40.613 % | £-172,606 | £252,393 |
| 3 Month Average | -15.783 % | £-67,079 | £357,920 |
| 6 Month Average | -10.742 % | £-45,653 | £379,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £519,367 | £510,000 | WARREN GATES SWAN LANE |
| 15 Feb 2023 | £629,203 | £625,000 | WILLIAM COLE WESTERFIELD ROAD |
| 27 Jan 2023 | £315,844 | £315,000 | THISTLESTONE LOWER ROAD |
| 26 Aug 2022 | £376,762 | £375,000 | THE CORRIE WESTERFIELD ROAD |
| 22 Jul 2022 | £494,960 | £490,000 | SILVER LEES WESTERFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Church Lane |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Marys Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westerfield Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westerfield |
| Jun 2024 | Anti-social behaviour | On or near Dorset Close |