£428,012
This estimated value is based upon the latest sale price for the house of £247,500 on 25 Aug 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £247,500 | 25 Aug 2006 |
| 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 August 2006 the House Price Index for SUFFOLK was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.934%.Applying this 72.934% change to the original purchase price of £247,500 results in an estimated price of approximately £428,012.
| 25 Aug 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.934 % | £247,500 | £180,512 | £428,012 |
The Postcode Pricing Model uses changes in average sales price within the IP21 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 | 34.896 % | £86,366 | £333,866 |
| 3 Month Average | 49.335 % | £122,104 | £369,604 |
| 6 Month Average | 65.122 % | £161,175 | £408,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £547,882 | £538,000 | 1 CHAPEL CLOSE |
| 15 Sep 2022 | £439,706 | £440,000 | WATERLOO HOUSE CHURCH STREET |
| 21 Jun 2022 | £347,427 | £340,000 | DEERS LEAP DOCTORS LANE |
| 10 Jun 2022 | £286,116 | £280,000 | 5 WILLOW CLOSE |
| 6 May 2022 | £302,891 | £295,000 | 8 DRAPERS HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Shelton Hill |
| Jul 2024 | Anti-social behaviour | On or near Shelton Hill | |
| Jul 2024 | Anti-social behaviour | On or near Shelton Hill | |
| Jul 2024 | Anti-social behaviour | On or near Shelton Hill | |
| Sep 2024 | Other crime | Under investigation | On or near Farriers Close |