£648,256
This estimated value is based upon the latest sale price for the house of £508,000 on 18 Apr 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £508,000 | 18 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 April 2017 the House Price Index for SUFFOLK was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £508,000 results in an estimated price of approximately £648,256.
| 18 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 146.7 | 27.610 % | £508,000 | £140,256 | £648,256 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 20.866 % | £105,997 | £613,997 |
| 3 Month Average | 29.916 % | £151,973 | £659,973 |
| 6 Month Average | 32.076 % | £162,946 | £670,946 |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 23 Feb 2017.
The average size of a house on LORNE ROAD is 112 sq meters (1,207 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Fox Yard |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Shopping Area |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Shopping Area |