£467,635
This estimated value is based upon the latest sale price for the house of £390,000 on 25 Aug 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £390,000 | 25 Aug 2020 |
| £303,000 | 16 Apr 2010 |
| £325,415 | 31 Aug 2007 |
| 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 August 2020 the House Price Index for SUFFOLK was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £390,000 results in an estimated price of approximately £467,635.
| 25 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £390,000 | £77,635 | £467,635 |
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 | -21.219 % | £-82,754 | £307,245 |
| 3 Month Average | 23.743 % | £92,596 | £482,596 |
| 6 Month Average | 12.724 % | £49,625 | £439,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £387,190 | £382,500 | 40 SPALDING LANE |
| 5 Aug 2022 | £179,517 | £180,000 | 2 THE GARRARDS |
| 25 Aug 2020 | £467,636 | £390,000 | 7 POTTERS APPROACH |
| 29 Jul 2019 | £345,345 | £280,000 | 8 OGDEN GROVE |
| 19 Oct 2018 | £382,016 | £310,000 | 3 SPALDING LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ogden Grove |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Spalding Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Segger View |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Halls Drift |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Glanville Place |