£652,240
This estimated value is based upon the latest sale price for the house of £175,000 on 11 Aug 2000. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £175,000 | 11 Aug 2000 |
| 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 2000 the House Price Index for SUFFOLK was 40.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 272.709%.Applying this 272.709% change to the original purchase price of £175,000 results in an estimated price of approximately £652,240.
| 11 Aug 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 149.7 | 272.709 % | £175,000 | £477,240 | £652,240 |
The Postcode Pricing Model uses changes in average sales price within the IP9 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 | 253.008 % | £442,763 | £617,763 |
| 3 Month Average | 254.782 % | £445,868 | £620,868 |
| 6 Month Average | 282.769 % | £494,846 | £669,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £260,748 | £255,000 | 5 GROVE ROAD |
| 27 Feb 2023 | £273,829 | £272,000 | ANGEL COTTAGE CAPEL ROAD |
| 3 Feb 2023 | £382,555 | £380,000 | THE OLD POST MASTERS HOUSE GROVE ROAD |
| 21 Nov 2022 | £746,509 | £750,000 | THE COTTAGE GROVE ROAD |
| 25 Aug 2022 | £527,466 | £525,000 | THE HOLLIES GROVE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Case Lane |
| Oct 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Friars |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Friars |