£147,344
This estimated value is based upon the latest sale price for the house of £115,000 on 27 Jun 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £115,000 | 27 Jun 2017 |
| £120,000 | 7 Mar 2017 |
| £68,500 | 10 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £115,000 results in an estimated price of approximately £147,344.
| 27 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £115,000 | £32,344 | £147,344 |
The Postcode Pricing Model uses changes in average sales price within the NR33 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 | 24.702 % | £28,406 | £143,406 |
| 3 Month Average | 24.640 % | £28,336 | £143,336 |
| 6 Month Average | 31.585 % | £36,322 | £151,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £212,286 | £210,000 | 45 LORNE ROAD |
| 31 Oct 2022 | £173,136 | £175,000 | 6 LOVEWELL ROAD |
| 21 Sep 2022 | £160,702 | £162,000 | 2 LOVEWELL ROAD |
| 8 Jul 2022 | £127,844 | £127,500 | 58 LORNE ROAD |
| 8 Jul 2022 | £178,480 | £178,000 | 70 LORNE PARK ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 Jan 2017. Using an estimated price of £147,344 means this house is valued at £1,964 per sq meter (£182 per sq foot).
The average size of a house on LORNE ROAD is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lorne Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lorne Road |
| Mar 2024 | Anti-social behaviour | On or near Lorne Road | |
| Mar 2024 | Public order | Under investigation | On or near Lorne Road |
| Mar 2024 | Anti-social behaviour | On or near Lorne Road |