£291,988
This estimated value is based upon the latest sale price for the house of £235,000 on 24 Jul 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£235,000 | 24 Jul 2019 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 883 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 July 2019 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £235,000 results in an estimated price of approximately £291,988.
24 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £235,000 | £56,988 | £291,988 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 40.301 % | £94,706 | £329,706 |
3 Month Average | 1.316 % | £3,092 | £238,092 |
6 Month Average | -15.707 % | £-36,910 | £198,089 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £257,926 | £250,000 | 59 GLOUCESTER ROAD |
3 Nov 2023 | £277,032 | £270,000 | 62 GLOUCESTER ROAD |
20 Sep 2023 | £214,734 | £210,000 | 69 GLOUCESTER ROAD |
12 Sep 2023 | £265,861 | £260,000 | 2 BALDWIN AVENUE |
2 Jun 2023 | £244,908 | £240,000 | 16 LANCASTER AVENUE |
This house has a floor area of 82 sq meters or 883 sq feet when measured on 30 Jan 2010. Using an estimated price of £291,989 means this house is valued at £3,557 per sq meter (£330 per sq foot).
The average size of a house on LANCASTER AVENUE is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Avenue |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lancaster Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Avenue |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lancaster Avenue |