£553,068
This estimated value is based upon the latest sale price for the house of £150,000 on 27 Oct 2000. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £150,000 | 27 Oct 2000 |
| £28,000 | 25 Apr 1997 |
| 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 October 2000 the House Price Index for SUFFOLK was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £150,000 results in an estimated price of approximately £553,068.
| 27 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 149.7 | 268.712 % | £150,000 | £403,068 | £553,068 |
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 | 247.105 % | £370,657 | £520,657 |
| 3 Month Average | 210.165 % | £315,247 | £465,247 |
| 6 Month Average | 279.494 % | £419,241 | £569,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £130,000 | £130,000 | 1 CROSS LANE CLOSE |
| 28 Apr 2023 | £287,885 | £282,500 | 9 BACK STREET |
| 31 Mar 2023 | £355,944 | £350,000 | 4 WINGS ROAD |
| 24 Mar 2023 | £371,199 | £365,000 | 23 MILL ROAD |
| 16 Jan 2023 | £631,688 | £630,000 | MICHIGAN WINGFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wingfield Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wingfield Road |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near School Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Lilac Drive |