£499,841
This estimated value is based upon the latest sale price for the house of £415,000 on 4 Mar 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £415,000 | 4 Mar 2020 |
| £125,000 | 19 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2020 the House Price Index for SUFFOLK was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £415,000 results in an estimated price of approximately £499,841.
| 4 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £415,000 | £84,841 | £499,841 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -34.545 % | £-143,363 | £271,636 |
| 3 Month Average | -22.909 % | £-95,070 | £319,929 |
| 6 Month Average | -3.838 % | £-15,927 | £399,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £223,918 | £220,000 | 43 TOLLGATE LANE |
| 10 Nov 2023 | £603,941 | £595,000 | 109 FORNHAM ROAD |
| 31 Mar 2023 | £149,408 | £148,000 | 6 AVON COURT TOLLGATE LANE |
| 27 Feb 2023 | £84,943 | £85,000 | 12 HANOVER CLOSE |
| 15 Sep 2022 | £158,718 | £160,000 | 9 AVON COURT TOLLGATE LANE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 21 Mar 2018. Using an estimated price of £499,841 means this house is valued at £4,272 per sq meter (£396 per sq foot).
The average size of a house on FORNHAM ROAD is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Layham Drive | |
| Jan 2024 | Anti-social behaviour | On or near Layham Drive | |
| Jan 2024 | Anti-social behaviour | On or near Layham Drive | |
| Jan 2024 | Anti-social behaviour | On or near Layham Drive | |
| Mar 2024 | Public order | Under investigation | On or near Petrol Station |