£952,956
This estimated value is based upon the latest sale price for the house of £935,000 on 20 May 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £935,000 | 20 May 2022 |
| £1,170,000 | 22 Dec 2016 |
| 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 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £935,000 results in an estimated price of approximately £952,956.
| 20 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £935,000 | £17,956 | £952,956 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | 35.517 % | £332,082 | £1,267,082 |
| 3 Month Average | 3.273 % | £30,603 | £965,603 |
| 6 Month Average | 3.142 % | £29,379 | £964,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £883,074 | £870,000 | SANDPIPER LODGE, 4 LANYARD PLACE |
| 21 Apr 2023 | £171,850 | £170,000 | FLAT 12 WHITEHALL PLACE THOROUGHFARE |
| 24 Mar 2023 | £933,798 | £925,000 | 101 NEW STREET |
| 10 Mar 2023 | £196,855 | £195,000 | FLAT 3 KIRBY COURT GOBBITTS YARD |
| 31 Jan 2023 | £497,656 | £500,000 | 9 QUAY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Offender given a caution | On or near Bakers Lane |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bakers Lane |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Doric Place |
| Mar 2024 | Criminal damage and arson | Local resolution | On or near Doric Place |
| Mar 2024 | Anti-social behaviour | On or near Doric Place |