£199,672
This estimated value is based upon the latest sale price for the house of £162,000 on 5 Feb 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £162,000 | 5 Feb 2020 |
| £127,000 | 21 Jan 2011 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 559 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 February 2020 the House Price Index for SUFFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £162,000 results in an estimated price of approximately £199,672.
| 5 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £162,000 | £37,672 | £199,672 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 28.858 % | £46,749 | £208,749 |
| 3 Month Average | 29.473 % | £47,746 | £209,746 |
| 6 Month Average | 18.368 % | £29,756 | £191,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £172,887 | £170,000 | 4 STOUR STREET |
| 28 Feb 2023 | £221,479 | £220,000 | 12 STRAW LANE |
| 4 Nov 2022 | £547,440 | £550,000 | 86 - 88 FRIARS STREET |
| 1 Jun 2022 | £766,382 | £750,000 | 7 PLOUGH LANE |
| 20 May 2022 | £299,811 | £292,000 | COACH HOUSE STRAW LANE |
This house has a floor area of 51 sq meters or 559 sq feet when measured on 9 Jul 2010. Using an estimated price of £199,673 means this house is valued at £3,842 per sq meter (£357 per sq foot).
The average size of a house on STRAW LANE is 84 sq meters (907 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |