£402,182
This estimated value is based upon the latest sale price for the house of £327,500 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £327,500 | 29 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 sq feet |
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 2018 the House Price Index for SUFFOLK was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £327,500 results in an estimated price of approximately £402,182.
| 29 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £327,500 | £74,682 | £402,182 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | 40.087 % | £131,285 | £458,785 |
| 3 Month Average | 12.187 % | £39,912 | £367,412 |
| 6 Month Average | 19.328 % | £63,300 | £390,800 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Dec 2016.
The average size of a house on CHAPEL STREET is 137 sq meters (1,478 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Mar 2024 | Burglary | Under investigation | On or near Market Hill |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near New Street |
| Feb 2024 | Possession of weapons | Offender given a caution | On or near Bakers Lane |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bakers Lane |