£342,724
This estimated value is based upon the latest sale price for the house of £258,000 on 8 Sep 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£258,000 | 8 Sep 2016 |
£210,000 | 23 Sep 2011 |
£70,783 | 29 Apr 2009 |
£179,995 | 22 Jun 2006 |
Terraced |
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 September 2016 the House Price Index for SUFFOLK was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £258,000 results in an estimated price of approximately £342,724.
8 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £258,000 | £84,724 | £342,724 |
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 | 1.663 % | £4,289 | £262,289 |
3 Month Average | 48.891 % | £126,139 | £384,139 |
6 Month Average | 28.676 % | £73,984 | £331,984 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £389,986 | £385,000 | 1 CASTLE GARDENS |
17 Mar 2023 | £317,996 | £315,000 | 30 THOMAS CRESCENT |
3 Mar 2023 | £151,427 | £150,000 | 28 CASTLE GARDENS |
8 Jul 2022 | £360,972 | £360,000 | 31 THOMAS CRESCENT |
22 Apr 2022 | £344,983 | £335,000 | 24 THOMAS CRESCENT |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Thomas Crescent | |
Feb 2024 | Drugs | Local resolution | On or near Offord Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brights Walk |
Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Pepper Place |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Randall Close |