£2,455,509
This estimated value is based upon the latest sale price for the house of £601,010 on 24 Nov 1999. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £601,010 | 24 Nov 1999 |
| 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 November 1999 the House Price Index for SUFFOLK was 36.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 308.564%.Applying this 308.564% change to the original purchase price of £601,010 results in an estimated price of approximately £2,455,509.
| 24 Nov 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 148.6 | 308.564 % | £601,010 | £1,854,499 | £2,455,509 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | 177.271 % | £1,065,414 | £1,666,424 |
| 3 Month Average | 245.669 % | £1,476,492 | £2,077,502 |
| 6 Month Average | 326.791 % | £1,964,047 | £2,565,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £636,130 | £625,000 | PINTAIL COTTAGE ST HELENA |
| 8 Aug 2023 | £1,462,797 | £1,450,000 | WHITE FRIARS HIGH STREET |
| 25 Apr 2023 | £386,158 | £382,000 | VAULT HILL MINSMERE NATURE RESERVE |
| 4 Apr 2023 | £394,245 | £390,000 | MELLOW BLYTHBURGH ROAD |
| 23 Jan 2023 | £328,453 | £330,000 | 12 HEATH VIEW |