£262,277
This estimated value is based upon the latest sale price for the house of £153,500 on 8 Jun 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £153,500 | 8 Jun 2012 |
| £145,500 | 15 May 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2012 the House Price Index for SUFFOLK was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £153,500 results in an estimated price of approximately £262,277.
| 8 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £153,500 | £108,777 | £262,277 |
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 | 120.062 % | £184,294 | £337,794 |
| 3 Month Average | 60.813 % | £93,348 | £246,848 |
| 6 Month Average | 28.897 % | £44,357 | £197,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £244,908 | £240,000 | 16 LANCASTER AVENUE |
| 12 Apr 2023 | £252,727 | £248,000 | 48 TOLLGATE LANE |
| 30 Jun 2022 | £255,461 | £250,000 | 22 TOLLGATE LANE |
| 19 Nov 2021 | £248,410 | £228,000 | 82 LANCASTER AVENUE |
| 11 Nov 2021 | £239,694 | £220,000 | 33 LANCASTER AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 24 Apr 2012. Using an estimated price of £262,277 means this house is valued at £3,237 per sq meter (£300 per sq foot).
The average size of a house on TOLLGATE LANE is 86 sq meters (930 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 | 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 |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Avenue |