£235,854
This estimated value is based upon the latest sale price for the house of £185,000 on 27 Jul 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 Malthouse Lane
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| Price Paid | Date |
|---|---|
| £185,000 | 27 Jul 2017 |
| £160,000 | 20 Dec 2013 |
| £145,000 | 7 Sep 2012 |
| £132,175 | 27 Jun 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 July 2017 the House Price Index for SUFFOLK was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £185,000 results in an estimated price of approximately £235,854.
| 27 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £185,000 | £50,854 | £235,854 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -31.333 % | £-57,966 | £127,033 |
| 3 Month Average | -23.717 % | £-43,876 | £141,123 |
| 6 Month Average | 7.398 % | £13,685 | £198,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £293,956 | £290,000 | 88 MALTINGS WAY |
| 27 Jan 2023 | £190,602 | £191,500 | 61 MALTINGS WAY |
| 26 Jan 2023 | £199,062 | £200,000 | 37 MALTINGS WAY |
| 1 Jul 2022 | £72,696 | £72,500 | 7 MALTINGS WAY |
| 5 Nov 2021 | £195,213 | £180,500 | 25 MALTINGS WAY |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 9 Sep 2013. Using an estimated price of £235,854 means this house is valued at £3,573 per sq meter (£331 per sq foot).
The average size of a house on MALTINGS WAY is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Malthouse Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Malthouse Lane |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Malthouse Lane |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Malthouse Lane |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Malthouse Lane |