24 SPRING LANE

£418,355

Full Address

24 SPRING LANE
BURY ST EDMUNDS
BURY ST EDMUNDS
SUFFOLK
UNITED KINGDOM
IP33 3AU

Estimated Market Value

£418,355

This estimated value is based upon the latest sale price for the house of £375,000 on 31 Aug 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1

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Map

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Transactions for this house
Price PaidDate
£375,00031 Aug 2021
£230,0004 Jun 2010
£220,0008 Sep 2006
£143,99510 Aug 2001
House Details
Terraced
Freehold
Floor Area: 72 sq meters or 777 sq feet

House Price Models

Land Registry House Price Index Model

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 August 2021 the House Price Index for SUFFOLK was 133.2.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.

Applying this 11.562% change to the original purchase price of £375,000 results in an estimated price of approximately £418,355.

31 Aug 2021 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
133.2 148.6 11.562 % £375,000 £43,355 £418,355

The Postcode Pricing Model uses changes in average sales price within the IP33 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 13.256 % £49,709 £424,709
3 Month Average 3.295 % £12,354 £387,354
6 Month Average 7.024 % £26,340 £401,340
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
18 Dec 2023 £371,500 £365,000 14 FEN WAY
7 Dec 2023 £422,390 £415,000 20 MYRTLE CLOSE
30 Jun 2023 £349,230 £345,000 50 FEN WAY
21 Apr 2023 £280,520 £277,500 3 SPRING LANE
31 Mar 2023 £257,425 £255,000 33 FEN WAY

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House Size

This house has a floor area of 72 sq meters or 777 sq feet when measured on 18 Feb 2010. Using an estimated price of £418,356 means this house is valued at £5,794 per sq meter (£538 per sq foot).

The average size of a house on SPRING LANE is 100 sq meters (1,082 sq feet).

Recent Crimes Near Here
DateCrimeOutcomeWhere
Apr 2024 Criminal damage and arson Under investigation On or near Willow Way
Apr 2024 Public order Under investigation On or near Willow Way
Apr 2024 Bicycle theft Under investigation On or near Willow Way
Mar 2024 Violence and sexual offences Action to be taken by another organisation On or near Willow Way
Mar 2024 Violence and sexual offences Action to be taken by another organisation On or near Willow Way

View full details of these crimes and others in this area

Companies Near Here
SPS CLEANING SERVICE LIMITED
12 Spring Lane Bury St. Edmunds Suffolk United Kingdom IP33 3AU
BURY ST EDMUNDS ISLAMIC CULTURAL ORGANISATION
Flat-6 60a Springfield Road Bury St. Edmunds England IP33 3AS
OHLU MEDICARE LTD
59 Springfield Road Bury St Edmunds Suffolk United Kingdom IP33 3AS
ABDIAS LTD
48 Springfield Road Bury St. Edmunds Suffolk England IP33 3AS
PRACTICAL SOLUTIONS PROPERTY MAINTENANCE LIMITED
53 SPRINGFIELD ROAD BURY ST. EDMUNDS UNITED KINGDOM IP33 3AS

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People Near Here
MR Jasmili RASHID Commercial Director
Flat-6 60a, Springfield Road, IP33 3AS
DYAN AL-BANNA Historic Information UNEMPLOYED
40 TRINITY MEWS, IP33 3AT
Mr Harry James Macdonald Historic Information
20 Spring Lane, IP33 3AU
Mr Nigel Patrick Bourne
30 Spring Lane, IP33 3AU
EMMA JANE BIDWELL Historic Information TEACHER
38 TRINITY MEWS, IP33 3AT
Mr Rowan Michael Chappell
53 Springfield Road, IP33 3AS
Anna Dubirl-Bryla
12 Spring Lane, IP33 3AU
Mrs Sara Rogers
20 Trinity Mews, IP33 3AT
Mrs Angela Oneill
5 Fen Way, IP33 3ZA
MR MATTHEW GEORGE ONEILL RETAILER
5 FEN WAY, IP33 3ZA
MR Jamie Ian HUDSON
Flat 13 60a Springfield Road, IP33 3AS
Mr Thomas Old
1 Marsh Way, IP33 3ZF
JUAN RUBIO DIRECTOR
12 MYRTLE CLOSE, IP33 3ZB
MR Daniel Alec HESKETT Therapist
45 Fen Way, IP33 3ZA
Miss Amelia Grace Sparks-Shepherd Historic Information
20 Spring Lane, IP33 3AU
MR STEPHEN CLEVELAND SIM Historic Information MANAGING DIRECTOR
47 FEN WAY, IP33 3ZA
Mr Kevin Graham Morphew Historic Information
25 Fen Way , IP33 3ZA
MS Thais DIAS Director
48 Springfield Road, IP33 3AS
Mrs Lydia Simmons
10 Willow Way , IP33 3ZG
Mr Donald Alan Sadler
2 Spring Lane , IP33 3AU
Mr Dave Shea
28 Fen Way, IP33 3ZA
MARGARET O'HANLON Historic Information RETIRED
34 TRINITY MEWS, IP33 3AT
JONATHAN JARVIS HUMPHRY ROAD HAULAGE CONTRACTOR
45 SPRINGFIELD ROAD, IP33 3AS
MR Jason Robert SORE None
10 Myrtle Close, IP33 3ZB
Mr Peter James Scott
9 Willow Way, IP33 3ZG
CHRISTOPHER RUSSELL Historic Information CHEF - SELF EMPLOYED
47 TRINITY MEWS, IP33 3AT
MONICA PUNAL
12 MYRTLE CLOSE, IP33 3ZB
MR NEIL COURTIER Historic Information LECTURER
FLAT 6 VICTORIA HOUSE, SPRINGFIELD ROAD, IP33 3AS
Mrs Laura Smith
19 Springfield Avenue , IP33 3AY
Mary SMEETH Historic Information Trainer
23 Fen Way, IP33 3ZA
Mr Christopher Oneill
5 Fen Way, IP33 3ZA
Mrs Caroline Weigall
78 Springfield Road , IP33 3AS
Mr Mark Sait
9 Marsh Way, IP33 3ZF
BREDA ELIZABETH SWEENEY Historic Information SECRETARY
46 TRINITY MEWS, IP33 3AT
Ms Sheila Anne Facer
20 Trinity Mews, IP33 3AT
MR DAVID COKER CONSULTANT
6 SPRING LANE, IP33 3AU
Mr Dean Simmons
10 Willow Way , IP33 3ZG
MR Christopher John CURTIS Company Director
34 Fen Way, IP33 3ZA
Mr Paul Kimberley Historic Information
29 Trinity Mews, IP33 3AT
MALCOLM ROBERT LOWE Historic Information ARCHITECT TECHNICIAN
9 TRINITY MEWS, IP33 3AT
ANDREW MACDONALD Historic Information GALLERY PROP
3 WILLOW WAY, IP33 3ZG
CAROL JOANNA MUNRO Historic Information ACCOUNTANT
46 FEN WAY, IP33 3ZA
LUKE ALEXANDER GOODWIN ATWELL Historic Information AGRICULTURE
12 NIGHTINGALE CLOSE, IP33 3AY
MRS JULIE DIANE MACFARLANE Historic Information DIRECTOR
BAY TREE HOUSE 5 MYRTLE COURT, IP33 3ZB
Mr Grzegorz Bryla
12 Spring Lane, IP33 3AU
MR CARL ANTHONY JONES ANTIQUE DEALER
9 SPRING LANE, IP33 3AU
MRS Jessica OLD Director
1 Marsh Way, IP33 3ZF
Mrs Carolyn Sait
9 Marsh Way, IP33 3ZF
JOHN HUGH GOLDSMITH QUALITY ENGINEER
20 TRINITY MEWS, IP33 3AT

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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