£521,786
This estimated value is based upon the latest sale price for the house of £526,000 on 16 Sep 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £526,000 | 16 Sep 2022 |
| £292,000 | 12 Jun 2014 |
| £274,950 | 12 Jan 2007 |
| 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 2022 the House Price Index for SUFFOLK was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £526,000 results in an estimated price of approximately £521,786.
| 16 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £526,000 | £-4,213 | £521,786 |
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 | -15.045 % | £-79,136 | £446,863 |
| 3 Month Average | 6.502 % | £34,202 | £560,202 |
| 6 Month Average | -6.283 % | £-33,047 | £492,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £223,918 | £220,000 | 18 PEPPER PLACE |
| 1 Sep 2023 | £301,353 | £297,500 | 5 SPINDLER CLOSE |
| 5 Jul 2023 | £527,094 | £520,000 | 69 SPINDLER CLOSE |
| 28 Oct 2022 | £445,206 | £450,000 | 95 SPINDLER CLOSE |
| 16 Sep 2022 | £521,786 | £526,000 | 14 SPINDLER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Spindler Close | |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Pepper Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Curtis Way |
| Feb 2024 | Other theft | Under investigation | On or near Shelbourne Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Quantrill Terrace |