£274,786
This estimated value is based upon the latest sale price for the house of £255,000 on 27 Sep 2021. 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 Bridewell Lane
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| Price Paid | Date |
|---|---|
| £255,000 | 27 Sep 2021 |
| £220,000 | 29 Aug 2008 |
| £161,101 | 28 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 September 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £255,000 results in an estimated price of approximately £274,786.
| 27 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £255,000 | £19,786 | £274,786 |
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 | -15.546 % | £-39,641 | £215,358 |
| 3 Month Average | 5.064 % | £12,913 | £267,913 |
| 6 Month Average | 15.567 % | £39,695 | £294,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £1,115,007 | £1,100,000 | 9 CROWN STREET |
| 28 Oct 2022 | £321,538 | £325,000 | 24 BRIDEWELL LANE |
| 12 Aug 2022 | £274,262 | £275,000 | 43 COLLEGE STREET |
| 29 Jul 2022 | £1,042,807 | £1,040,000 | 45A CROWN STREET |
| 29 Jun 2022 | £383,926 | £378,500 | FLAT 2 36 CROWN STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 7 Mar 2018. Using an estimated price of £274,786 means this house is valued at £2,892 per sq meter (£268 per sq foot).
The average size of a house on BRIDEWELL LANE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Bridewell Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Finsbury Square |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Honey Hill |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Churchgate Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Churchgate Street |