£266,637
This estimated value is based upon the latest sale price for the house of £217,000 on 9 Jan 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £217,000 | 9 Jan 2020 |
| £139,995 | 5 Nov 2004 |
| £51,500 | 28 Aug 1998 |
| £46,000 | 3 Nov 1995 |
| Freehold |
| Floor Area: 65 sq meters or 699 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 January 2020 the House Price Index for SUFFOLK was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £217,000 results in an estimated price of approximately £266,637.
| 9 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £217,000 | £49,637 | £266,637 |
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 | -3.086 % | £-6,697 | £210,302 |
| 3 Month Average | 14.020 % | £30,423 | £247,423 |
| 6 Month Average | 8.643 % | £18,756 | £235,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £158,170 | £155,000 | 3 LAMBOURNE CLOSE |
| 28 Mar 2023 | £289,840 | £285,000 | 50 APPLEDOWN DRIVE |
| 24 Jun 2022 | £253,417 | £248,000 | 18 LAMBOURNE CLOSE |
| 29 Apr 2022 | £140,052 | £135,000 | 6 HONEYSUCKLE WAY |
| 1 Apr 2022 | £261,949 | £252,500 | 11 HONEYSUCKLE WAY |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Sep 2019. Using an estimated price of £266,637 means this house is valued at £4,102 per sq meter (£381 per sq foot).
The average size of a house on LAMBOURNE CLOSE is 66 sq meters (714 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manor Ash Drive |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bramley Close |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Mount Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Broomley Green Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomley Green Lane |