£633,410
This estimated value is based upon the latest sale price for the house of £400,000 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £400,000 | 28 Feb 2014 |
| £295,125 | 8 Dec 2006 |
| 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 February 2014 the House Price Index for SUFFOLK was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £400,000 results in an estimated price of approximately £633,410.
| 28 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £400,000 | £233,410 | £633,410 |
The Postcode Pricing Model uses changes in average sales price within the IP7 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 | 62.999 % | £251,996 | £651,996 |
| 3 Month Average | 57.813 % | £231,250 | £631,250 |
| 6 Month Average | 65.258 % | £261,032 | £661,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £253,757 | £250,000 | 29 NEW CUT |
| 27 Jul 2023 | £220,467 | £217,500 | 6 NEW CUT |
| 8 Jul 2022 | £429,155 | £428,000 | 36 CANTERBURY GARDENS |
| 14 Apr 2022 | £422,218 | £410,000 | 17 NEW CUT |
| 27 Aug 2021 | £265,517 | £238,000 | 20 NEW CUT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Green |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near New Cut |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Canterbury Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenter Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenter Close |