£278,719
This estimated value is based upon the latest sale price for the house of £179,950 on 24 Aug 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £179,950 | 24 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 sq feet |
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 August 2007 the House Price Index for SUFFOLK was 94.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.887%.Applying this 54.887% change to the original purchase price of £179,950 results in an estimated price of approximately £278,719.
| 24 Aug 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 146.7 | 54.887 % | £179,950 | £98,769 | £278,719 |
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 | 114.188 % | £205,480 | £385,430 |
| 3 Month Average | 79.148 % | £142,426 | £322,376 |
| 6 Month Average | 75.179 % | £135,283 | £315,233 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Nov 2012.
The average size of a house on MILL LANE is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thorn Way |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Thorn Way |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thorn Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorn Way |
| Mar 2024 | Drugs | Under investigation | On or near Mill Lane |