£173,841
This estimated value is based upon the latest sale price for the house of £168,500 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £168,500 | 15 Dec 2023 |
| £123,000 | 9 Oct 2020 |
| Flats/Maisonettes |
| Leasehold |
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 December 2023 the House Price Index for SUFFOLK was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £168,500 results in an estimated price of approximately £173,841.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £168,500 | £5,341 | £173,841 |
The Postcode Pricing Model uses changes in average sales price within the IP7 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 | 49.123 % | £82,772 | £251,272 |
| 3 Month Average | 3.418 % | £5,759 | £174,259 |
| 6 Month Average | -12.924 % | £-21,776 | £146,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £152,341 | £150,000 | 56 HIGH STREET |
| 15 Dec 2023 | £173,842 | £168,500 | FLAT 2 THE WHITE LION MAGDALEN ROAD |
| 8 Dec 2023 | £644,814 | £625,000 | 6 QUEEN STREET |
| 7 Dec 2023 | £309,511 | £300,000 | THE FOLLY MAGDALEN ROAD |
| 5 Dec 2023 | £278,560 | £270,000 | APARTMENT, 9 QUEEN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Magdalen Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Market Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Market Place |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Church Street |
| Jul 2024 | Anti-social behaviour | On or near Church Street |