£306,971
This estimated value is based upon the latest sale price for the house of £300,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 27 Oct 2023 |
| 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 October 2023 the House Price Index for SUFFOLK was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £300,000 results in an estimated price of approximately £306,971.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £300,000 | £6,971 | £306,971 |
The Postcode Pricing Model uses changes in average sales price within the IP13 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 | 1.668 % | £5,005 | £305,005 |
| 3 Month Average | -10.915 % | £-32,744 | £267,255 |
| 6 Month Average | 3.138 % | £9,412 | £309,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £350,779 | £340,000 | 31 GOLDSMITHS |
| 27 Oct 2023 | £306,972 | £300,000 | ORCHARD COTTAGE BYNG HALL ROAD |
| 14 Sep 2023 | £996,978 | £975,000 | HILL FARM COTTAGE HIGH STREET |
| 6 Apr 2023 | £736,271 | £722,500 | 1 GOLDSMITHS |
| 29 Jun 2022 | £20,437 | £20,000 | WAYSIDE BYNG HALL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Byng Hall Road |
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Byng Hall Road |
| Jul 2024 | Drugs | Under investigation | On or near Yarmouth Road |
| Jul 2024 | Robbery | Under investigation | On or near Yarmouth Road |
| Sep 2024 | Burglary | Under investigation | On or near Spring Lane |