£506,259
This estimated value is based upon the latest sale price for the house of £470,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £470,000 | 5 Nov 2021 |
| £399,950 | 9 Dec 2019 |
| 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 November 2021 the House Price Index for SUFFOLK was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £470,000 results in an estimated price of approximately £506,259.
| 5 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £470,000 | £36,259 | £506,259 |
The Postcode Pricing Model uses changes in average sales price within the IP31 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 | -29.547 % | £-138,869 | £331,130 |
| 3 Month Average | -7.445 % | £-34,989 | £435,010 |
| 6 Month Average | -21.779 % | £-102,359 | £367,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £326,988 | £325,000 | 41 MICKLESMERE DRIVE |
| 22 Jun 2023 | £342,779 | £340,000 | 10 THOMAS CLOSE |
| 28 Apr 2023 | £639,755 | £635,000 | MISTY MERE MILL ROAD |
| 13 Jul 2022 | £379,487 | £380,000 | 55 MICKLESMERE DRIVE |
| 11 Mar 2022 | £407,671 | £395,000 | 47 MICKLESMERE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Carpenter Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carpenter Close |
| Jan 2024 | Anti-social behaviour | On or near Micklesmere Drive | |
| Jan 2024 | Anti-social behaviour | On or near Micklesmere Drive | |
| Jan 2024 | Anti-social behaviour | On or near Micklesmere Drive |