£4,989,578
This estimated value is based upon the latest sale price for the house of £3,877,500 on 26 May 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £3,877,500 | 26 May 2017 |
| 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 2017 the House Price Index for SUFFOLK was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £3,877,500 results in an estimated price of approximately £4,989,578.
| 26 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £3,877,500 | £1,112,078 | £4,989,578 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | 10.885 % | £422,054 | £4,299,554 |
| 3 Month Average | 40.813 % | £1,582,529 | £5,460,029 |
| 6 Month Average | 20.314 % | £787,688 | £4,665,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £508,904 | £500,000 | UNIT 12A STUDLANDS PARK INDUSTRIAL ESTATE STUDLANDS PARK AVENUE |
| 6 Dec 2023 | £142,493 | £140,000 | UNIT 9 STUDLANDS BUSINESS CENTRE |
| 4 Aug 2023 | £247,162 | £245,000 | 320 HETHERSETT CLOSE |
| 22 Jul 2022 | £208,060 | £207,500 | 60 VINCENT CLOSE |
| 17 Mar 2021 | £239,318 | £215,000 | 15 LAUREATE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Victoria Way | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Way | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Way | |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Formula Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Petingo Close |