£486,714
This estimated value is based upon the latest sale price for the house of £160,000 on 1 Mar 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £160,000 | 1 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2002 the House Price Index for SUFFOLK was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £160,000 results in an estimated price of approximately £486,714.
| 1 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £160,000 | £326,714 | £486,714 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 196.158 % | £313,853 | £473,853 |
| 3 Month Average | 183.895 % | £294,231 | £454,231 |
| 6 Month Average | 175.045 % | £280,071 | £440,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £343,933 | £337,500 | 19 DRAYMANS WAY |
| 15 Jun 2022 | £145,102 | £142,000 | 51 LANDSEER ROAD |
| 8 Dec 2021 | £447,913 | £415,000 | THE BREWERY TAP LANDSEER BUSINESS PARK LANDSEER ROAD |
| 8 Dec 2021 | £64,758 | £60,000 | THE BREWERY COTTAGE CLIFF ROAD |
| 1 Dec 2021 | £323,792 | £300,000 | 6 DRAYMANS WAY |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 16 May 2012. Using an estimated price of £486,715 means this house is valued at £4,195 per sq meter (£389 per sq foot).
The average size of a house on CLIFF LANE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Draymans Way |
| Oct 2024 | Vehicle crime | Under investigation | On or near Draymans Way |
| Sep 2024 | Other crime | Awaiting court outcome | On or near Draymans Way |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Draymans Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Draymans Way |