£1,473,255
This estimated value is based upon the latest sale price for the house of £1,365,000 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £1,365,000 | 20 Dec 2021 |
| 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 2021 the House Price Index for SUFFOLK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £1,365,000 results in an estimated price of approximately £1,473,255.
| 20 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £1,365,000 | £108,255 | £1,473,255 |
The Postcode Pricing Model uses changes in average sales price within the IP9 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 | -49.208 % | £-671,686 | £693,313 |
| 3 Month Average | 9.715 % | £132,606 | £1,497,606 |
| 6 Month Average | -3.842 % | £-52,447 | £1,312,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £325,500 | £325,500 | 15 READE ROAD |
| 30 Apr 2024 | £277,409 | £275,000 | 23 FIVE ACRES |
| 15 Dec 2023 | £340,462 | £330,000 | 13 FIVE ACRES |
| 7 Dec 2023 | £278,560 | £270,000 | 24 FIVE ACRES |
| 31 Jan 2023 | £565,511 | £564,000 | 10 GIFFORD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gifford Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Gifford Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Jervis Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Hill |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |