£432,648
This estimated value is based upon the latest sale price for the house of £307,500 on 28 Oct 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £307,500 | 28 Oct 2015 |
| £227,500 | 29 May 2009 |
| £227,500 | 29 May 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 October 2015 the House Price Index for SUFFOLK was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £307,500 results in an estimated price of approximately £432,648.
| 28 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £307,500 | £125,148 | £432,648 |
The Postcode Pricing Model uses changes in average sales price within the IP21 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 | 143.531 % | £441,357 | £748,857 |
| 3 Month Average | 80.356 % | £247,093 | £554,593 |
| 6 Month Average | 72.949 % | £224,317 | £531,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £542,748 | £538,000 | 1 CHAPEL CLOSE |
| 3 Aug 2023 | £287,515 | £285,000 | CORNER COTTAGE CHURCH STREET |
| 25 Jul 2023 | £192,592 | £190,000 | THE OLD FIRE STATION CHURCH STREET |
| 15 Sep 2022 | £436,475 | £440,000 | WATERLOO HOUSE CHURCH STREET |
| 21 Jun 2022 | £344,874 | £340,000 | DEERS LEAP DOCTORS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Church Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Farriers Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chantala Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chantala Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilby Road |