£226,128
This estimated value is based upon the latest sale price for the house of £129,000 on 13 Apr 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£129,000 | 13 Apr 2006 |
Semi-Detached |
Freehold |
Floor Area: 48 sq meters or 516 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 April 2006 the House Price Index for SUFFOLK was 84.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.293%.Applying this 75.293% change to the original purchase price of £129,000 results in an estimated price of approximately £226,128.
13 Apr 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 148.6 | 75.293 % | £129,000 | £97,128 | £226,128 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 52.123 % | £67,239 | £196,239 |
3 Month Average | 82.290 % | £106,153 | £235,153 |
6 Month Average | 79.854 % | £103,012 | £232,012 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Feb 2023 | £229,845 | £230,000 | 16 LAVENHAM WAY |
2 Sep 2022 | £272,797 | £275,000 | 6 HESSETT CLOSE |
22 Jul 2022 | £239,645 | £239,000 | 12 ELMSETT CLOSE |
17 Jun 2022 | £253,584 | £250,000 | 40 LAVENHAM WAY |
8 Apr 2022 | £220,892 | £214,500 | 61 LAVENHAM WAY |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 28 Oct 2021. Using an estimated price of £226,128 means this house is valued at £4,711 per sq meter (£437 per sq foot).
The average size of a house on LAVENHAM WAY is 74 sq meters (806 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Bicycle theft | Under investigation | On or near Felsham Court |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Felsham Court |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hartest Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Melford Road |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Needham Road |