£216,970
This estimated value is based upon the latest sale price for the house of £163,800 on 10 Oct 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £163,800 | 10 Oct 2016 |
| Leasehold |
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 October 2016 the House Price Index for SUFFOLK was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £163,800 results in an estimated price of approximately £216,970.
| 10 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £163,800 | £53,170 | £216,970 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 41.063 % | £67,261 | £231,061 |
| 3 Month Average | 33.837 % | £55,425 | £219,225 |
| 6 Month Average | 27.180 % | £44,521 | £208,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £234,096 | £230,000 | 9 THURSTON COURT |
| 25 Aug 2023 | £221,942 | £220,000 | 41 NAYLAND ROAD |
| 19 Jun 2023 | £202,452 | £200,000 | 87 MELFORD WAY |
| 12 Jun 2023 | £237,881 | £235,000 | 85 MELFORD WAY |
| 5 Jun 2023 | £232,820 | £230,000 | 16 CULFORD WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Melford Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Thurston Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ickworth Court |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Euston Court |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Euston Court |