£203,363
This estimated value is based upon the latest sale price for the house of £116,500 on 9 Nov 2009. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £116,500 | 9 Nov 2009 |
| £52,000 | 16 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 949 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 November 2009 the House Price Index for SUFFOLK was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £116,500 results in an estimated price of approximately £203,363.
| 9 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £116,500 | £86,863 | £203,363 |
The Postcode Pricing Model uses changes in average sales price within the IP19 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 | 113.813 % | £132,592 | £249,092 |
| 3 Month Average | 87.391 % | £101,811 | £218,311 |
| 6 Month Average | 94.654 % | £110,272 | £226,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £262,000 | £262,000 | 27 LANSBURY ROAD |
| 2 Aug 2023 | £438,839 | £435,000 | 3 RIVER LANE |
| 28 Jul 2023 | £1,702,919 | £1,680,000 | ANGEL YARD ANGEL LINK |
| 27 Apr 2023 | £252,721 | £250,000 | 64 LANSBURY ROAD |
| 26 Aug 2022 | £235,820 | £236,455 | 6 CRABTREE CLOSE |
This house has a floor area of 88 sq meters or 949 sq feet when measured on 27 Jul 2009. Using an estimated price of £203,364 means this house is valued at £2,305 per sq meter (£214 per sq foot).
The average size of a house on LAMBERT CLOSE is 112 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lambert Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Swan Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Bigod Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Babington Drive |