£147,484
This estimated value is based upon the latest sale price for the house of £40,000 on 6 Oct 2000. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£40,000 | 6 Oct 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 October 2000 the House Price Index for SUFFOLK was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £40,000 results in an estimated price of approximately £147,484.
6 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.6 | 149.7 | 268.712 % | £40,000 | £107,484 | £147,484 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 294.104 % | £117,641 | £157,641 |
3 Month Average | 316.133 % | £126,453 | £166,453 |
6 Month Average | 280.678 % | £112,271 | £152,271 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £111,716 | £110,000 | 84 LUCAS ROAD |
13 Oct 2023 | £108,975 | £106,500 | 108 LUCAS ROAD |
31 Aug 2023 | £91,653 | £90,000 | 125 LUCAS ROAD |
28 Apr 2023 | £91,715 | £90,000 | 17 LUCAS ROAD |
3 Feb 2023 | £82,546 | £81,995 | 2 LUCAS ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 3 Apr 2013. Using an estimated price of £147,485 means this house is valued at £2,836 per sq meter (£263 per sq foot).
The average size of a house on LUCAS ROAD is 43 sq meters (469 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lucas Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucas Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucas Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Lucas Road |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Lucas Road |