£531,865
This estimated value is based upon the latest sale price for the house of £290,000 on 16 Jan 2009. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £290,000 | 16 Jan 2009 |
| 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 January 2009 the House Price Index for SUFFOLK was 81.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.402%.Applying this 83.402% change to the original purchase price of £290,000 results in an estimated price of approximately £531,865.
| 16 Jan 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 148.6 | 83.402 % | £290,000 | £241,865 | £531,865 |
The Postcode Pricing Model uses changes in average sales price within the IP9 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 | 85.322 % | £247,435 | £537,435 |
| 3 Month Average | 88.212 % | £255,815 | £545,815 |
| 6 Month Average | 57.551 % | £166,898 | £456,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £507,514 | £500,000 | 1 RED SLEEVE |
| 18 Jul 2023 | £309,161 | £305,000 | 17 TOLLGATE ROAD |
| 5 Jun 2023 | £305,703 | £302,000 | 1 CHAPEL CLOSE |
| 1 Jun 2023 | £275,563 | £272,225 | 4 CHAPEL CLOSE |
| 30 Mar 2023 | £371,500 | £368,000 | 3 CHAPEL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chapel Close |
| Jan 2024 | Possession of weapons | Under investigation | On or near Chapel Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Plough Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Cedars Lane |