£198,773
This estimated value is based upon the latest sale price for the house of £154,000 on 14 Jun 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £154,000 | 14 Jun 2017 |
| £137,500 | 29 May 2014 |
| £100,000 | 28 Nov 2008 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 658 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 June 2017 the House Price Index for SUFFOLK was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £154,000 results in an estimated price of approximately £198,773.
| 14 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £154,000 | £44,773 | £198,773 |
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 | 7.383 % | £11,369 | £165,369 |
| 3 Month Average | 22.308 % | £34,354 | £188,354 |
| 6 Month Average | 22.535 % | £34,703 | £188,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £259,989 | £252,000 | 8 MARKET HILL |
| 30 Nov 2023 | £287,293 | £280,000 | 25 PRINCE STREET |
| 14 Jun 2023 | £316,339 | £310,000 | 3 SIAM PLACE |
| 1 Jun 2023 | £520,429 | £510,000 | 11 WEAVERS LANE |
| 17 Oct 2022 | £119,601 | £120,000 | GROUND FLOOR SHOP 71 NORTH STREET |
This house has a floor area of 61 sq meters or 658 sq feet when measured on 13 Mar 2010. Using an estimated price of £198,774 means this house is valued at £3,247 per sq meter (£301 per sq foot).
The average size of a house on GAOL LANE is 80 sq meters (867 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (658 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Gaol Lane | |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gaol Lane |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gaol Lane |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Acton Square |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weavers Lane |