£260,939
This estimated value is based upon the latest sale price for the house of £211,000 on 17 Apr 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £211,000 | 17 Apr 2019 |
| £134,500 | 11 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 April 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £211,000 results in an estimated price of approximately £260,939.
| 17 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £211,000 | £49,939 | £260,939 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 83.988 % | £177,214 | £388,214 |
| 3 Month Average | -18.179 % | £-38,356 | £172,643 |
| 6 Month Average | -1.832 % | £-3,864 | £207,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £254,452 | £250,000 | 59 GLOUCESTER ROAD |
| 1 Dec 2023 | £254,452 | £250,000 | 7 REEVE CLOSE |
| 30 Nov 2023 | £223,306 | £220,000 | 21 GLOUCESTER ROAD |
| 3 Nov 2023 | £274,057 | £270,000 | 62 GLOUCESTER ROAD |
| 20 Sep 2023 | £212,720 | £210,000 | 69 GLOUCESTER ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 22 Jun 2018. Using an estimated price of £260,939 means this house is valued at £2,931 per sq meter (£272 per sq foot).
The average size of a house on LAKE AVENUE is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bunbury Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bunbury Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bunbury Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bunbury Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bunbury Road |