£473,996
This estimated value is based upon the latest sale price for the house of £157,500 on 15 Apr 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £157,500 | 15 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2002 the House Price Index for SUFFOLK was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £157,500 results in an estimated price of approximately £473,996.
| 15 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £157,500 | £316,496 | £473,996 |
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 | 200.850 % | £316,338 | £473,838 |
| 3 Month Average | 191.496 % | £301,606 | £459,106 |
| 6 Month Average | 203.200 % | £320,039 | £477,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £616,979 | £607,500 | 19 HIGH ROAD EAST |
| 22 Mar 2024 | £553,504 | £545,000 | 8 CROUTEL ROAD |
| 23 Aug 2023 | £636,480 | £625,000 | PALMYRA, 33 HIGH ROAD EAST |
| 2 Jun 2023 | £312,258 | £306,000 | 26 HIGH ROAD EAST |
| 28 Apr 2023 | £321,004 | £315,000 | 38 LYNWOOD AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 11 Jun 2015. Using an estimated price of £473,996 means this house is valued at £5,642 per sq meter (£524 per sq foot).
The average size of a house on BROOK LANE is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Constable Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gainsborough Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Felix Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Felix Road |
| Oct 2024 | Other crime | Under investigation | On or near Hospital |