£219,948
This estimated value is based upon the latest sale price for the house of £116,845 on 4 Nov 2004. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £116,845 | 4 Nov 2004 |
| Terraced |
| 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 November 2004 the House Price Index for SUFFOLK was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £116,845 results in an estimated price of approximately £219,948.
| 4 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £116,845 | £103,103 | £219,948 |
The Postcode Pricing Model uses changes in average sales price within the IP5 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 | 77.465 % | £90,514 | £207,359 |
| 3 Month Average | 103.707 % | £121,176 | £238,021 |
| 6 Month Average | 85.666 % | £100,096 | £216,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £387,190 | £382,500 | 40 SPALDING LANE |
| 11 Apr 2023 | £414,463 | £410,000 | 36 SPALDING LANE |
| 20 Jan 2023 | £204,039 | £205,000 | 50 SPALDING LANE |
| 18 Jul 2022 | £362,977 | £362,000 | 22 SPALDING LANE |
| 4 Feb 2022 | £194,008 | £185,000 | 18 COX CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Spalding Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Halls Drift |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Segger View |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nock Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Baird Grove |