£1,054,778
This estimated value is based upon the latest sale price for the house of £340,000 on 28 Feb 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £340,000 | 28 Feb 2002 |
| 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 February 2002 the House Price Index for SUFFOLK was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £340,000 results in an estimated price of approximately £1,054,778.
| 28 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £340,000 | £714,778 | £1,054,778 |
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 | 162.419 % | £552,222 | £892,222 |
| 3 Month Average | 180.638 % | £614,168 | £954,168 |
| 6 Month Average | 156.680 % | £532,710 | £872,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2024 | £600,000 | £600,000 | RAE MHOR LOWER ROAD |
| 3 Aug 2023 | £519,367 | £510,000 | WARREN GATES SWAN LANE |
| 5 Jun 2023 | £306,135 | £300,000 | SOUTH VIEW LOWER ROAD |
| 27 Jan 2023 | £315,844 | £315,000 | THISTLESTONE LOWER ROAD |
| 22 Jul 2022 | £494,960 | £490,000 | SILVER LEES WESTERFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Church Lane |
| Oct 2024 | Drugs | Awaiting court outcome | On or near Lower Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Rose Hill |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Rose Hill |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Sherborne Avenue |