£274,808
This estimated value is based upon the latest sale price for the house of £270,000 on 7 Dec 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £270,000 | 7 Dec 2023 |
| £257,000 | 19 Dec 2018 |
| £172,500 | 11 Sep 2009 |
| 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 December 2023 the House Price Index for SUFFOLK was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £270,000 results in an estimated price of approximately £274,808.
| 7 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £270,000 | £4,808 | £274,808 |
The Postcode Pricing Model uses changes in average sales price within the IP9 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 | 16.239 % | £43,846 | £313,846 |
| 3 Month Average | -16.967 % | £-45,811 | £224,188 |
| 6 Month Average | -8.272 % | £-22,335 | £247,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £274,808 | £270,000 | 24 FIVE ACRES |
| 31 Jan 2023 | £561,356 | £564,000 | 10 GIFFORD CLOSE |
| 4 Aug 2022 | £443,805 | £445,000 | 12 FIREBRONDS ROAD |
| 4 May 2022 | £381,182 | £374,000 | 2 HAPENNY FIELD |
| 9 Mar 2022 | £388,598 | £375,000 | TREGARON, 11 MILL RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Reade Road |
| Mar 2024 | Public order | Awaiting court outcome | On or near Jervis Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |