£308,939
This estimated value is based upon the latest sale price for the house of £300,000 on 25 Apr 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 25 Apr 2022 |
| £42,500 | 29 Mar 1996 |
| Semi-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 April 2022 the House Price Index for SUFFOLK was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £300,000 results in an estimated price of approximately £308,939.
| 25 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £300,000 | £8,939 | £308,939 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 13.765 % | £41,295 | £341,295 |
| 3 Month Average | 14.684 % | £44,053 | £344,053 |
| 6 Month Average | 7.070 % | £21,210 | £321,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £289,283 | £285,000 | 59 CLIFF LANE |
| 18 Aug 2023 | £317,780 | £315,000 | 75 DEREHAM AVENUE |
| 14 Feb 2023 | £279,812 | £280,000 | 34 MERSEY ROAD |
| 6 Jan 2023 | £318,500 | £320,000 | 40 MERSEY ROAD |
| 5 Sep 2022 | £353,644 | £356,500 | 35 SEVERN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Dereham Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Severn Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cliff Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cliff Lane |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Cliff Lane |