£331,115
This estimated value is based upon the latest sale price for the house of £222,000 on 19 Dec 2014. 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 Magnolia Drive
More crime details
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| Price Paid | Date |
|---|---|
| £222,000 | 19 Dec 2014 |
| 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 2014 the House Price Index for SUFFOLK was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £222,000 results in an estimated price of approximately £331,115.
| 19 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £222,000 | £109,115 | £331,115 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 58.815 % | £130,569 | £352,569 |
| 3 Month Average | 79.722 % | £176,981 | £398,981 |
| 6 Month Average | 77.950 % | £173,049 | £395,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £222,698 | £220,000 | 4 ERISWELL DRIVE |
| 27 Feb 2023 | £289,805 | £290,000 | 3 BROOM ROAD |
| 18 Jan 2023 | £248,828 | £250,000 | 1 THE GRANGE |
| 24 Jun 2022 | £268,799 | £265,000 | 3 LIME CLOSE |
| 11 Jan 2022 | £145,759 | £138,500 | 57 ERISWELL DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Magnolia Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Magnolia Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Highlands |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandgalls Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warren Close |