£365,039
This estimated value is based upon the latest sale price for the house of £265,995 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £265,995 | 29 Jan 2016 |
| 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 January 2016 the House Price Index for SUFFOLK was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £265,995 results in an estimated price of approximately £365,039.
| 29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £265,995 | £99,044 | £365,039 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 60.955 % | £162,137 | £428,132 |
| 3 Month Average | 52.386 % | £139,343 | £405,338 |
| 6 Month Average | 44.867 % | £119,342 | £385,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £411,930 | £406,663 | 12 SUMMIT BUSINESS PARK |
| 24 Jul 2023 | £220,974 | £218,000 | 21 ORFORD ROAD |
| 30 Mar 2023 | £460,203 | £455,867 | MARTELLO PARK BEACH CAFE ORFORD ROAD |
| 16 Jan 2023 | £313,523 | £315,000 | 18 ORFORD ROAD |
| 13 Jan 2023 | £323,476 | £325,000 | 13 MANOR TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Fort Road |
| Mar 2024 | Drugs | Under investigation | On or near Old Fort Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manor Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |