£135,413
This estimated value is based upon the latest sale price for the house of £133,333 on 11 Mar 2024. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £133,333 | 11 Mar 2024 |
| £135,500 | 7 Mar 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2024 the House Price Index for SUFFOLK was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £133,333 results in an estimated price of approximately £135,413.
| 11 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £133,333 | £2,080 | £135,413 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | -21.480 % | £-28,640 | £104,692 |
| 3 Month Average | 16.484 % | £21,978 | £155,311 |
| 6 Month Average | -0.549 % | £-732 | £132,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £123,833 | £123,833 | 44 FOUNDRY LANE |
| 29 Apr 2024 | £114,326 | £113,333 | 74 FOUNDRY LANE |
| 22 Apr 2024 | £113,486 | £112,500 | 30 FOUNDRY LANE |
| 22 Apr 2024 | £112,644 | £111,666 | 92 FOUNDRY LANE |
| 17 Apr 2024 | £100,876 | £100,000 | 60 FOUNDRY LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 9 Jan 2018. Using an estimated price of £135,413 means this house is valued at £2,708 per sq meter (£251 per sq foot).
The average size of a house on FOUNDRY LANE is 50 sq meters (545 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near College Street |
| Nov 2024 | Public order | Under investigation | On or near St Peters Dock |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peters Dock |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |