£553,239
This estimated value is based upon the latest sale price for the house of £500,000 on 5 Oct 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £500,000 | 5 Oct 2021 |
| 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 2021 the House Price Index for SUFFOLK was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £500,000 results in an estimated price of approximately £553,239.
| 5 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £500,000 | £53,239 | £553,239 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | -26.517 % | £-132,586 | £367,413 |
| 3 Month Average | -23.276 % | £-116,378 | £383,621 |
| 6 Month Average | 2.085 % | £10,423 | £510,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £549,616 | £540,000 | BROOK COTTAGE THE STREET |
| 16 Aug 2022 | £922,517 | £925,000 | MEADOW VIEW |
| 6 Apr 2022 | £561,241 | £545,000 | RUSSET HOUSE, 6 THE ORCHARD |
| 30 Mar 2022 | £544,038 | £525,000 | TUDOR COTTAGE |
| 5 Oct 2021 | £553,239 | £500,000 | UNIT 2-3 TOLLEMACHE BUSINESS PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Maskell'S Lane | |
| Feb 2024 | Anti-social behaviour | On or near Maskell'S Lane | |
| Feb 2024 | Anti-social behaviour | On or near Maskell'S Lane | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Offton Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Lower Farm Road |