£621,252
This estimated value is based upon the latest sale price for the house of £500,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Hollow Lane
More crime details
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| Price Paid | Date |
|---|---|
| £500,000 | 26 Jul 2019 |
| 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 July 2019 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £500,000 results in an estimated price of approximately £621,252.
| 26 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £500,000 | £121,252 | £621,252 |
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 | 14.220 % | £71,097 | £571,097 |
| 3 Month Average | 29.031 % | £145,156 | £645,156 |
| 6 Month Average | 30.610 % | £153,051 | £653,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £223,433 | £220,000 | 3 FORGE COTTAGES |
| 23 Nov 2023 | £256,511 | £250,000 | 2 MILL LANE |
| 3 Aug 2023 | £318,494 | £312,750 | 1 TWIN OAK DRIVE |
| 23 Jun 2023 | £209,192 | £205,000 | 23 RENDHAM ROAD |
| 23 Jan 2023 | £293,284 | £292,500 | 2 THE MEADOWS, MILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Hollow Lane |
| Aug 2024 | Anti-social behaviour | On or near The Meadows | |
| Aug 2024 | Anti-social behaviour | On or near The Meadows | |
| Aug 2024 | Anti-social behaviour | On or near The Meadows | |
| Aug 2024 | Anti-social behaviour | On or near The Meadows |