£279,594
This estimated value is based upon the latest sale price for the house of £162,000 on 27 Apr 2011. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £162,000 | 27 Apr 2011 |
| £145,000 | 22 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 838 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 2011 the House Price Index for SUFFOLK was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £162,000 results in an estimated price of approximately £279,594.
| 27 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £162,000 | £117,594 | £279,594 |
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 | 28.138 % | £45,583 | £207,583 |
| 3 Month Average | 35.421 % | £57,382 | £219,382 |
| 6 Month Average | 46.069 % | £74,631 | £236,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £226,971 | £225,000 | 41 LINDISFARNE ROAD |
| 5 Oct 2023 | £250,694 | £245,000 | 28 WHITBY ROAD |
| 30 Mar 2023 | £244,076 | £240,000 | 47 SHERBORNE ROAD |
| 10 Mar 2023 | £264,416 | £260,000 | 55 LINDISFARNE ROAD |
| 15 Jul 2022 | £255,561 | £253,000 | 62 LINDISFARNE ROAD |
This house has a floor area of 77 sq meters or 838 sq feet when measured on 15 Mar 2011. Using an estimated price of £279,594 means this house is valued at £3,590 per sq meter (£333 per sq foot).
The average size of a house on SHERBORNE ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindisfarne Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Kirkstead Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kirkstead Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fountains Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Fountains Road |