£180,462
This estimated value is based upon the latest sale price for the house of £32,000 on 7 Jun 1996. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£32,000 | 7 Jun 1996 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 1996 the House Price Index for SUFFOLK was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £32,000 results in an estimated price of approximately £180,462.
7 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 149.7 | 463.944 % | £32,000 | £148,462 | £180,462 |
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 | 470.401 % | £150,528 | £182,528 |
3 Month Average | 435.780 % | £139,449 | £171,449 |
6 Month Average | 435.808 % | £139,458 | £171,458 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £111,972 | £111,000 | 63 LORNE PARK ROAD |
30 Oct 2023 | £81,859 | £80,000 | 31 BEACONSFIELD ROAD |
21 Apr 2023 | £214,003 | £210,000 | 45 LORNE ROAD |
8 Jul 2022 | £179,802 | £178,000 | 70 LORNE PARK ROAD |
11 May 2022 | £225,885 | £220,000 | 58 BEACONSFIELD ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 26 Aug 2015. Using an estimated price of £180,462 means this house is valued at £2,438 per sq meter (£226 per sq foot).
The average size of a house on LORNE PARK ROAD is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Unable to prosecute suspect | On or near Bixley Road |
Jun 2024 | Anti-social behaviour | On or near Ontario Road | |
Jun 2024 | Anti-social behaviour | On or near Ontario Road | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ontario Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ontario Road |