£1,106,693
This estimated value is based upon the latest sale price for the house of £720,000 on 20 Jun 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £720,000 | 20 Jun 2014 |
| 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 June 2014 the House Price Index for SUFFOLK was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £720,000 results in an estimated price of approximately £1,106,693.
| 20 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £720,000 | £386,693 | £1,106,693 |
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 | 30.384 % | £218,761 | £938,761 |
| 3 Month Average | 28.576 % | £205,746 | £925,746 |
| 6 Month Average | 69.117 % | £497,643 | £1,217,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £751,120 | £740,000 | 4 KENNEY CLOSE |
| 6 Sep 2023 | £835,685 | £825,000 | THE OLD SCHOOL HOUSE |
| 11 Jul 2023 | £734,891 | £725,000 | LAYNESIDE THE STREET |
| 27 Jan 2023 | £696,718 | £700,000 | COLES GREEN COTTAGE CHATTISHAM ROAD |
| 18 Jan 2023 | £497,656 | £500,000 | LYKKEBO THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Burstall Lane |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Burstall Hall Lane |
| Mar 2024 | Anti-social behaviour | On or near Fen View | |
| Mar 2024 | Anti-social behaviour | On or near Fen View | |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near School Hill |