£155,473
This estimated value is based upon the latest sale price for the house of £118,000 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £118,000 | 11 Nov 2016 |
| Flats/Maisonettes |
| Leasehold |
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 November 2016 the House Price Index for SUFFOLK was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £118,000 results in an estimated price of approximately £155,473.
| 11 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £118,000 | £37,473 | £155,473 |
The Postcode Pricing Model uses changes in average sales price within the IP5 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 | 23.258 % | £27,444 | £145,444 |
| 3 Month Average | 43.133 % | £50,896 | £168,896 |
| 6 Month Average | 33.763 % | £39,839 | £157,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £121,554 | £120,000 | 61 LARK RISE |
| 10 Feb 2023 | £164,889 | £165,000 | 62 LARK RISE |
| 9 May 2022 | £147,785 | £145,000 | 7 JACKSON COURT |
| 4 Apr 2022 | £193,602 | £188,000 | 51 LARK RISE |
| 17 Dec 2021 | £312,842 | £292,000 | 3 LARK RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Burgess Place |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bader Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Chase |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Chase |