£618,068
This estimated value is based upon the latest sale price for the house of £500,000 on 28 May 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £500,000 | 28 May 2019 |
| 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 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £500,000 results in an estimated price of approximately £618,068.
| 28 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £500,000 | £118,068 | £618,068 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | -4.294 % | £-21,467 | £478,532 |
| 3 Month Average | 0.934 % | £4,668 | £504,668 |
| 6 Month Average | 7.124 % | £35,619 | £535,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £136,842 | £135,000 | FONTANA RESTAURANT CATTAWADE STREET |
| 31 Mar 2023 | £244,302 | £242,000 | 50 TEMPLE PATTLE |
| 28 Feb 2023 | £249,832 | £250,000 | 48 TEMPLE PATTLE |
| 31 Aug 2022 | £215,420 | £216,000 | 2 WORTWELL COTTAGES CATTAWADE STREET |
| 13 Apr 2022 | £365,579 | £355,000 | 46 NEW VILLAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Bridge Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bridge Place |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Cattawade Street |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Other theft | Under investigation | On or near Sandy Lane |