£266,211
This estimated value is based upon the latest sale price for the house of £57,000 on 27 Jul 1998. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £57,000 | 27 Jul 1998 |
| Semi-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 July 1998 the House Price Index for SUFFOLK was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £57,000 results in an estimated price of approximately £266,211.
| 27 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 367.038 % | £57,000 | £209,211 | £266,211 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | 241.254 % | £137,514 | £194,514 |
| 3 Month Average | 293.049 % | £167,038 | £224,038 |
| 6 Month Average | 326.604 % | £186,164 | £243,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £735,895 | £725,000 | BARRACK HOUSE DUKE STREET |
| 2 Jun 2023 | £1,022,384 | £1,010,000 | BIRCH FARM SILVER HILL |
| 18 Nov 2022 | £647,161 | £655,000 | GLENHAVEN SILVER HILL |
| 9 Sep 2022 | £446,395 | £450,000 | SCHOOL HOUSE GEORGE STREET |
| 26 Aug 2022 | £144,361 | £144,750 | 2 VICTORIA COTTAGES DUKE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silver Hill |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duke Street |
| Jan 2024 | Anti-social behaviour | On or near Duke Street | |
| Jan 2024 | Anti-social behaviour | On or near Duke Street |