£336,663
This estimated value is based upon the latest sale price for the house of £71,500 on 15 May 1998. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near A1071
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Price Paid | Date |
---|---|
£71,500 | 15 May 1998 |
Detached |
Freehold |
Floor Area: 139 sq meters or 1,496 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 May 1998 the House Price Index for SUFFOLK was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £71,500 results in an estimated price of approximately £336,663.
15 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 148.6 | 370.858 % | £71,500 | £265,163 | £336,663 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 290.839 % | £207,949 | £279,449 |
3 Month Average | 284.123 % | £203,147 | £274,647 |
6 Month Average | 315.228 % | £225,388 | £296,888 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £178,562 | £177,000 | 31 LACEY STREET |
28 Apr 2023 | £515,551 | £510,000 | 135 WOODBRIDGE ROAD |
14 Apr 2023 | £222,395 | £220,000 | 67 LACEY STREET |
27 Mar 2023 | £161,522 | £160,000 | 94 FINCHLEY ROAD |
25 Nov 2022 | £177,846 | £180,000 | 64 FINCHLEY ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 28 Oct 2015. Using an estimated price of £336,663 means this house is valued at £2,422 per sq meter (£225 per sq foot).
The average size of a house on LACEY STREET is 84 sq meters (907 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near A1071 |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A1071 |
Apr 2024 | Anti-social behaviour | On or near A1071 | |
Mar 2024 | Anti-social behaviour | On or near A1071 | |
Mar 2024 | Anti-social behaviour | On or near A1071 |