£394,075
This estimated value is based upon the latest sale price for the house of £270,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £270,000 | 1 May 2015 |
| 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 May 2015 the House Price Index for SUFFOLK was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £270,000 results in an estimated price of approximately £394,075.
| 1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £270,000 | £124,075 | £394,075 |
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 | 47.601 % | £128,522 | £398,522 |
| 3 Month Average | 51.230 % | £138,321 | £408,321 |
| 6 Month Average | 61.106 % | £164,986 | £434,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £471,626 | £467,500 | 9 BARNES CLOSE |
| 28 Jul 2023 | £172,319 | £170,000 | 35C LADY LANE INDUSTRIAL ESTATE |
| 25 Nov 2022 | £326,051 | £330,000 | MILLERS VIEW TOWER MILL LANE |
| 31 Oct 2022 | £311,644 | £315,000 | 1 TOWER LODGE TOWER MILL LANE |
| 14 Apr 2022 | £267,748 | £260,000 | 2 LADY LANE |
| 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 | Unable to prosecute suspect | On or near Tenter Close |
| Feb 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 |