£1,399,089
This estimated value is based upon the latest sale price for the house of £230,000 on 19 Oct 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 19 Oct 2023 |
| £135,000 | 4 Jul 2012 |
| 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 October 2023 the House Price Index for SUFFOLK was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £230,000 results in an estimated price of approximately £1,399,089.
| 19 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £230,000 | £1,169,089 | £1,399,089 |
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 | -36.650 % | £-84,295 | £145,704 |
| 3 Month Average | 9.779 % | £22,492 | £252,492 |
| 6 Month Average | 7.817 % | £17,979 | £247,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £304,508 | £300,000 | 14 EDMONTON ROAD |
| 7 Nov 2023 | £248,682 | £245,000 | 21 ALBERTA CLOSE |
| 15 Sep 2023 | £541,929 | £535,000 | 34 EDMONTON ROAD |
| 5 Sep 2023 | £339,339 | £335,000 | 36 ALBERTA CLOSE |
| 11 Aug 2023 | £343,001 | £340,000 | 25 MACKENZIE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alberta Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Quebec Drive |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near St Lawrence Way |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Edmonton Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Doctor Watson'S Lane |