£684,492
This estimated value is based upon the latest sale price for the house of £550,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £550,000 | 29 Mar 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 March 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £550,000 results in an estimated price of approximately £684,492.
| 29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £550,000 | £134,492 | £684,492 |
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 | 16.014 % | £88,075 | £638,075 |
| 3 Month Average | -1.753 % | £-9,639 | £540,360 |
| 6 Month Average | 7.330 % | £40,314 | £590,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £368,115 | £360,000 | THE FORGE QUEEN STREET |
| 3 Aug 2023 | £290,235 | £285,000 | CORNER COTTAGE CHURCH STREET |
| 24 Feb 2023 | £327,186 | £325,000 | BANK COTTAGE QUEEN STREET |
| 15 Sep 2022 | £439,706 | £440,000 | WATERLOO HOUSE CHURCH STREET |
| 10 Jun 2022 | £286,116 | £280,000 | 5 WILLOW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Robbery | Under investigation | On or near Priory Close |
| 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 | |
| Jul 2024 | Public order | Awaiting court outcome | On or near Shelton Hill |