£1,290,218
This estimated value is based upon the latest sale price for the house of £751,000 on 24 May 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £751,000 | 24 May 2012 |
| Detached |
| Freehold |
| Floor Area: 267 sq meters or 2,873 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 May 2012 the House Price Index for SUFFOLK was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £751,000 results in an estimated price of approximately £1,290,218.
| 24 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £751,000 | £539,218 | £1,290,218 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 59.236 % | £444,859 | £1,195,859 |
| 3 Month Average | 44.905 % | £337,235 | £1,088,235 |
| 6 Month Average | 55.544 % | £417,137 | £1,168,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £338,552 | £333,350 | 38 WHITING STREET |
| 4 Mar 2024 | £563,660 | £555,000 | 6 FINSBURY PLACE |
| 15 Dec 2023 | £201,182 | £195,000 | 42 WESTGATE STREET |
| 16 Oct 2023 | £496,271 | £485,000 | 43 WHITING STREET |
| 7 Aug 2023 | £501,546 | £492,500 | 21 WHITING STREET |
This house has a floor area of 267 sq meters or 2,873 sq feet when measured on 19 Sep 2014. Using an estimated price of £1,290,218 means this house is valued at £4,832 per sq meter (£448 per sq foot).
The average size of a house on FRIARS LANE is 288 sq meters (3,109 sq feet).
This house is the largest in the street with a floor area of 267 sq meters (2,873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greene Mews |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Finsbury Place |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finsbury Place |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Finsbury Place |
| Jun 2024 | Other theft | Action to be taken by another organisation | On or near Corsbie Close |