£110,913
This estimated value is based upon the latest sale price for the house of £92,500 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £92,500 | 28 Aug 2020 |
| £62,500 | 5 Oct 2007 |
| £21,500 | 25 Oct 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 August 2020 the House Price Index for SUFFOLK was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £92,500 results in an estimated price of approximately £110,913.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £92,500 | £18,413 | £110,913 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | -27.169 % | £-25,131 | £67,368 |
| 3 Month Average | -16.232 % | £-15,014 | £77,485 |
| 6 Month Average | 4.733 % | £4,378 | £96,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £489,280 | £485,000 | 29 RENDHAM ROAD |
| 20 Jun 2023 | £227,759 | £225,000 | 93 LINCOLN AVENUE |
| 24 Nov 2022 | £217,367 | £220,000 | 3 FRANKLIN ROAD |
| 28 Oct 2022 | £281,964 | £285,000 | 41 FRANKLIN ROAD |
| 5 Aug 2022 | £299,190 | £299,995 | 62 FRANKLIN ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 5 Dec 2019. Using an estimated price of £110,914 means this house is valued at £1,120 per sq meter (£104 per sq foot).
The average size of a house on LINCOLN AVENUE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Lincoln Avenue |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lincoln Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Avenue |
| Feb 2024 | Public order | Action to be taken by another organisation | On or near Lincoln Avenue |
| Jan 2024 | Public order | Action to be taken by another organisation | On or near Lincoln Avenue |