£589,666
This estimated value is based upon the latest sale price for the house of £510,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £510,000 | 18 Dec 2020 |
| 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 December 2020 the House Price Index for SUFFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £510,000 results in an estimated price of approximately £589,666.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £510,000 | £79,666 | £589,666 |
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 | 8.195 % | £41,794 | £551,794 |
| 3 Month Average | -13.122 % | £-66,920 | £443,079 |
| 6 Month Average | 0.006 % | £30 | £510,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £373,483 | £365,000 | HIGHFIELDS NACTON LANE |
| 28 Sep 2023 | £531,721 | £520,000 | 21 CONYERS WAY |
| 15 Sep 2023 | £214,734 | £210,000 | OLD POSTMANS COTTAGE MILL ROAD |
| 5 Jun 2023 | £326,544 | £320,000 | THE COTTAGE LIVERMERE ROAD |
| 30 Jan 2023 | £551,474 | £550,000 | 22 THE COPPICE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Mill Road | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near The Park |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Bunbury Avenue |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lodge Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lodge Close |