£231,018
This estimated value is based upon the latest sale price for the house of £225,000 on 23 May 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 23 May 2022 |
| £190,000 | 31 Aug 2017 |
| 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 May 2022 the House Price Index for SUFFOLK was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £225,000 results in an estimated price of approximately £231,018.
| 23 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £225,000 | £6,018 | £231,018 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | -6.469 % | £-14,555 | £210,444 |
| 3 Month Average | 0.474 % | £1,065 | £226,065 |
| 6 Month Average | 1.533 % | £3,450 | £228,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £190,426 | £187,500 | 3 SYCAMORE WALK |
| 31 Oct 2023 | £217,950 | £213,000 | 2 REDWOOD LANE |
| 22 Feb 2023 | £221,479 | £220,000 | 4 REDWOOD LANE |
| 20 Jul 2022 | £272,733 | £270,000 | 10 SYCAMORE WALK |
| 8 Jul 2022 | £269,702 | £267,000 | 17 SPRUCE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Spruce Close |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Greenham Common |
| Aug 2024 | Other crime | Action to be taken by another organisation | On or near Apple Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Elm Walk |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cherry Lane |