£124,819
This estimated value is based upon the latest sale price for the house of £97,000 on 12 May 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Lackford Place
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Price Paid | Date |
---|---|
£97,000 | 12 May 2017 |
£82,500 | 2 Aug 2013 |
£99,000 | 24 Oct 2006 |
£90,000 | 16 Jan 2006 |
£85,000 | 26 Apr 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 434 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 May 2017 the House Price Index for SUFFOLK was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £97,000 results in an estimated price of approximately £124,819.
12 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £97,000 | £27,819 | £124,819 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 64.198 % | £62,271 | £159,271 |
3 Month Average | 36.613 % | £35,514 | £132,514 |
6 Month Average | 23.534 % | £22,827 | £119,827 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £263,367 | £260,000 | 1 TAYBERRY PLACE |
14 Feb 2022 | £359,702 | £343,000 | 8 BONNY CRESCENT |
21 Jan 2022 | £173,647 | £165,000 | 45 RAVENSWOOD AVENUE |
13 Dec 2021 | £155,350 | £145,000 | 62 MANSBROOK BOULEVARD |
8 Dec 2021 | £166,063 | £155,000 | 9 LACKFORD PLACE |
This house has a floor area of 40 sq meters or 434 sq feet when measured on 9 Mar 2012. Using an estimated price of £124,820 means this house is valued at £3,091 per sq meter (£287 per sq foot).
The average size of a house on RAVENSWOOD AVENUE is 88 sq meters (949 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lackford Place |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lackford Place |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lackford Place |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lackford Place |
Feb 2024 | Burglary | Unable to prosecute suspect | On or near Lackford Place |