£345,196
This estimated value is based upon the latest sale price for the house of £62,500 on 16 Mar 1995. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £62,500 | 16 Mar 1995 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,225 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 1995 the House Price Index for SUFFOLK was 26.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 452.314%.Applying this 452.314% change to the original purchase price of £62,500 results in an estimated price of approximately £345,196.
| 16 Mar 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 146.7 | 452.314 % | £62,500 | £282,696 | £345,196 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 666.784 % | £416,740 | £479,240 |
| 3 Month Average | 513.199 % | £320,749 | £383,249 |
| 6 Month Average | 478.606 % | £299,128 | £361,628 |
This house has a floor area of 113 sq meters or 1,225 sq feet when measured on 31 Jan 2012.
The average size of a house on BROOK LANE is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Fleetwood Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Fleetwood Road |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Constable Road |
| Feb 2024 | Other theft | Under investigation | On or near Gainsborough Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gainsborough Road |