£233,669
This estimated value is based upon the latest sale price for the house of £200,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £200,000 | 16 Oct 2020 |
| £190,000 | 26 Apr 2017 |
| £171,000 | 27 Mar 2015 |
| £125,000 | 24 Nov 2014 |
| £127,000 | 28 Apr 2011 |
| £136,000 | 7 Apr 2006 |
| £89,000 | 2 Sep 2002 |
| £64,750 | 31 Mar 2000 |
| £44,400 | 5 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 October 2020 the House Price Index for SUFFOLK was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £200,000 results in an estimated price of approximately £233,669.
| 16 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £200,000 | £33,669 | £233,669 |
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 | -30.127 % | £-60,253 | £139,746 |
| 3 Month Average | -25.014 % | £-50,027 | £149,972 |
| 6 Month Average | -6.376 % | £-12,752 | £187,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £241,962 | £240,000 | 16 LANCASTER AVENUE |
| 12 Apr 2023 | £249,857 | £248,000 | 48 TOLLGATE LANE |
| 30 Jun 2022 | £252,560 | £250,000 | 22 TOLLGATE LANE |
| 13 May 2022 | £274,074 | £270,000 | 3 KLONDYKE |
| 11 Nov 2021 | £236,972 | £220,000 | 33 LANCASTER AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 6 Jan 2015. Using an estimated price of £233,669 means this house is valued at £4,408 per sq meter (£409 per sq foot).
The average size of a house on TOLLGATE LANE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Pine Leys |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Tollgate Lane |
| Mar 2024 | Drugs | Under investigation | On or near Tollgate Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tollgate Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Avenue |