£478,270
This estimated value is based upon the latest sale price for the house of £370,000 on 21 Apr 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £370,000 | 21 Apr 2017 |
| £213,000 | 30 Jul 2009 |
| £213,000 | 30 Jul 2009 |
| £55,000 | 26 Jul 1996 |
| Semi-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 April 2017 the House Price Index for SUFFOLK was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £370,000 results in an estimated price of approximately £478,270.
| 21 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £370,000 | £108,270 | £478,270 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | 60.072 % | £222,265 | £592,265 |
| 3 Month Average | 27.555 % | £101,954 | £471,954 |
| 6 Month Average | 34.565 % | £127,890 | £497,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £1,061,429 | £1,050,000 | ASH HOUSE MELTON HILL |
| 13 Jan 2023 | £617,093 | £620,000 | CAVENDISH HOUSE MELTON ROAD |
| 12 May 2022 | £315,953 | £310,000 | 14 PROSPECT PLACE |
| 19 Nov 2021 | £362,307 | £335,000 | BENTHAMS MELTON ROAD |
| 29 Sep 2021 | £229,312 | £212,800 | HILL HOUSE MELTON HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Smithfield |
| Feb 2024 | Shoplifting | Under investigation | On or near Smithfield |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near New Quay Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Anti-social behaviour | On or near The Grove |