£238,063
This estimated value is based upon the latest sale price for the house of £140,000 on 8 Feb 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £140,000 | 8 Feb 2013 |
| £45,100 | 25 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 February 2013 the House Price Index for SUFFOLK was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £140,000 results in an estimated price of approximately £238,063.
| 8 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £140,000 | £98,063 | £238,063 |
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 | 126.099 % | £176,538 | £316,538 |
| 3 Month Average | 96.371 % | £134,919 | £274,919 |
| 6 Month Average | 64.565 % | £90,390 | £230,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £150,309 | £148,000 | FLAT 8 LANDGUARD COURT, 1 BEACH STATION ROAD |
| 21 Dec 2023 | £105,234 | £102,000 | FLAT 4 LEVINGTON COURT, 43 BEACH STATION ROAD |
| 28 Apr 2023 | £195,660 | £192,000 | THE PENTHOUSE RUSSELL COURT BEACH STATION ROAD |
| 26 Apr 2023 | £511,059 | £501,500 | 41 BEACH STATION ROAD |
| 30 Mar 2023 | £463,609 | £455,867 | MARTELLO PARK BEACH CAFE ORFORD ROAD |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 19 Apr 2013. Using an estimated price of £238,063 means this house is valued at £1,545 per sq meter (£143 per sq foot).
The average size of a house on LANGER ROAD is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Orford Road |
| Aug 2024 | Anti-social behaviour | On or near Orford Road | |
| Aug 2024 | Public order | Under investigation | On or near Orford Road |
| Aug 2024 | Anti-social behaviour | On or near Orford Road | |
| Aug 2024 | Anti-social behaviour | On or near Orford Road |