£256,945
This estimated value is based upon the latest sale price for the house of £220,000 on 12 Nov 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £220,000 | 12 Nov 2020 |
| £195,000 | 5 Apr 2017 |
| £104,500 | 11 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 November 2020 the House Price Index for SUFFOLK was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £220,000 results in an estimated price of approximately £256,945.
| 12 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £220,000 | £36,945 | £256,945 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | -33.848 % | £-74,464 | £145,535 |
| 3 Month Average | -17.567 % | £-38,647 | £181,352 |
| 6 Month Average | -9.373 % | £-20,620 | £199,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2023 | £229,601 | £225,000 | 93 LINCOLN AVENUE |
| 14 Apr 2023 | £315,909 | £310,000 | 41 GILBERT ROAD |
| 24 Nov 2022 | £218,976 | £220,000 | 3 FRANKLIN ROAD |
| 28 Oct 2022 | £284,051 | £285,000 | 41 FRANKLIN ROAD |
| 5 Aug 2022 | £301,404 | £299,995 | 62 FRANKLIN ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 4 Nov 2015. Using an estimated price of £256,946 means this house is valued at £2,123 per sq meter (£197 per sq foot).
The average size of a house on LINCOLN AVENUE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Lincoln Avenue |
| Jul 2024 | Other crime | Under investigation | On or near Lincoln Avenue |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lincoln Avenue |
| Jun 2024 | Criminal damage and arson | Awaiting court outcome | On or near Lincoln Avenue |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Lincoln Avenue |