£231,410
This estimated value is based upon the latest sale price for the house of £232,501 on 31 Jan 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £232,501 | 31 Jan 2023 |
| 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 January 2023 the House Price Index for SUFFOLK was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £232,501 results in an estimated price of approximately £231,410.
| 31 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £232,501 | £-1,090 | £231,410 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | -14.241 % | £-33,111 | £199,389 |
| 3 Month Average | 1.226 % | £2,851 | £235,352 |
| 6 Month Average | -8.722 % | £-20,279 | £212,221 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £812,022 | £800,000 | FIELD COTTAGE THETFORD ROAD |
| 10 Jul 2023 | £395,321 | £390,000 | LOMBER-HEY THETFORD ROAD |
| 31 Jan 2023 | £231,411 | £232,501 | 3 MEMORIAL BUNGALOWS |
| 6 Sep 2022 | £213,278 | £215,000 | 10 TEDDER CLOSE |
| 20 May 2022 | £504,506 | £495,000 | RECTORY COTTAGE THETFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thetford Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Thetford Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Salmond Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thetford Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Blacksmith Lane |