£211,997
This estimated value is based upon the latest sale price for the house of £210,000 on 29 Mar 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £210,000 | 29 Mar 2023 |
| £143,000 | 30 Sep 2011 |
| £153,000 | 26 Mar 2009 |
| £145,000 | 19 Dec 2005 |
| £136,000 | 27 Jul 2004 |
| £80,000 | 2 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 646 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 March 2023 the House Price Index for SUFFOLK was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £210,000 results in an estimated price of approximately £211,997.
| 29 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £210,000 | £1,997 | £211,997 |
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 | -3.671 % | £-7,709 | £202,290 |
| 3 Month Average | 1.169 % | £2,455 | £212,455 |
| 6 Month Average | -2.258 % | £-4,740 | £205,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £134,999 | £133,000 | FLAT 1 LARK HOUSE, 117 EASTGATE STREET |
| 15 Sep 2023 | £203,603 | £201,000 | 2 THE VINEFIELDS |
| 3 Aug 2023 | £87,768 | £87,000 | FLAT 16 EASTGATE HOUSE, 118 EASTGATE STREET |
| 14 Jul 2023 | £253,411 | £250,000 | 21 BARN LANE |
| 7 Jul 2023 | £81,598 | £80,500 | FLAT 8 EASTGATE HOUSE, 118 EASTGATE STREET |
This house has a floor area of 60 sq meters or 646 sq feet when measured on 15 Jan 2011. Using an estimated price of £211,997 means this house is valued at £3,527 per sq meter (£327 per sq foot).
The average size of a house on BARN LANE is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Barn Lane |