£502,164
This estimated value is based upon the latest sale price for the house of £290,000 on 19 Jan 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £290,000 | 19 Jan 2012 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,690 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 January 2012 the House Price Index for SUFFOLK was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £290,000 results in an estimated price of approximately £502,164.
| 19 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £290,000 | £212,164 | £502,164 |
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 | 73.722 % | £213,793 | £503,793 |
| 3 Month Average | 57.312 % | £166,206 | £456,206 |
| 6 Month Average | 52.177 % | £151,311 | £441,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £294,925 | £290,000 | 10 OULTON ROAD |
| 19 Aug 2022 | £281,315 | £280,000 | 12 WROXHAM ROAD |
| 29 Nov 2021 | £294,170 | £270,000 | 17 WROXHAM ROAD |
| 18 Oct 2021 | £312,107 | £280,000 | 91 OULTON ROAD |
| 4 Dec 2020 | £252,054 | £218,000 | 68 OULTON ROAD |
This house has a floor area of 157 sq meters or 1,690 sq feet when measured on 18 Jul 2011. Using an estimated price of £502,165 means this house is valued at £3,197 per sq meter (£297 per sq foot).
The average size of a house on CLIFF LANE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wroxham Road |
| Jul 2024 | Other theft | Under investigation | On or near Cliff Lane |
| Jul 2024 | Other theft | Under investigation | On or near Cliff Lane |
| Jul 2024 | Other theft | Under investigation | On or near Cliff Lane |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cliff Lane |