£490,648
This estimated value is based upon the latest sale price for the house of £470,000 on 17 Mar 2022. 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 Lambsale Meadow
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| Price Paid | Date |
|---|---|
| £470,000 | 17 Mar 2022 |
| £320,000 | 21 Feb 2013 |
| £305,000 | 12 Oct 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 March 2022 the House Price Index for SUFFOLK was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £470,000 results in an estimated price of approximately £490,648.
| 17 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £470,000 | £20,648 | £490,648 |
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 | -24.793 % | £-116,528 | £353,471 |
| 3 Month Average | -31.714 % | £-149,056 | £320,943 |
| 6 Month Average | -22.672 % | £-106,556 | £363,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £250,523 | £245,000 | 25 FAIRFIELD ROAD |
| 23 Feb 2023 | £926,187 | £920,000 | 6 NORTH ENTRANCE |
| 6 Jan 2023 | £225,603 | £225,000 | ROSEMARY COTTAGE MARKET PLACE |
| 1 Aug 2022 | £160,752 | £160,000 | 5 FAIRFIELD ROAD |
| 17 Mar 2022 | £490,649 | £470,000 | 9 NORTH ENTRANCE |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 26 Oct 2021. Using an estimated price of £490,649 means this house is valued at £2,637 per sq meter (£245 per sq foot).
The average size of a house on NORTH ENTRANCE is 208 sq meters (2,240 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lambsale Meadow |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lambsale Meadow |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Lambsale Meadow |
| Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near North Entrance |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Entrance |