£697,677
This estimated value is based upon the latest sale price for the house of £575,000 on 31 Mar 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Mill Lane
More crime details
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| Price Paid | Date |
|---|---|
| £575,000 | 31 Mar 2020 |
| £280,000 | 19 Jul 2002 |
| £189,000 | 29 Jul 1999 |
| 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 2020 the House Price Index for SUFFOLK was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £575,000 results in an estimated price of approximately £697,677.
| 31 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £575,000 | £122,677 | £697,677 |
The Postcode Pricing Model uses changes in average sales price within the IP23 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 | 73.391 % | £421,996 | £996,996 |
| 3 Month Average | 48.992 % | £281,706 | £856,706 |
| 6 Month Average | 11.267 % | £64,785 | £639,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £548,426 | £540,000 | MEADOW HOUSE THE STREET |
| 15 Dec 2023 | £304,352 | £295,000 | PENNY BLACK COTTAGE THE STREET |
| 22 Nov 2023 | £507,892 | £495,000 | NOIRAM HALL ROAD |
| 6 Nov 2023 | £625,888 | £610,000 | PRINCEWOOD HALL ROAD |
| 12 Oct 2023 | £562,782 | £550,000 | 5 THE OAKS THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Mill Lane |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fen View |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fen View |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fen View |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fen View |