£388,831
This estimated value is based upon the latest sale price for the house of £380,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £380,000 | 12 Oct 2023 |
| £295,000 | 19 Jun 2015 |
| £195,000 | 9 Sep 2002 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,817 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 2023 the House Price Index for SUFFOLK was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £380,000 results in an estimated price of approximately £388,831.
| 12 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £380,000 | £8,831 | £388,831 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 84.378 % | £320,635 | £700,635 |
| 3 Month Average | -8.513 % | £-32,349 | £347,650 |
| 6 Month Average | -10.847 % | £-41,218 | £338,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2024 | £185,000 | £185,000 | 58 THETFORD ROAD |
| 4 Apr 2024 | £371,224 | £368,000 | 7 ROBERT LINGE CRESCENT |
| 8 Dec 2023 | £226,974 | £220,000 | 3 ST DAVIDS CLOSE |
| 12 Oct 2023 | £388,831 | £380,000 | 2 ROBERT LINGE CRESCENT |
| 23 Aug 2023 | £195,527 | £192,000 | 4 MOUNTS PIT LANE |
This house has a floor area of 168 sq meters or 1,817 sq feet when measured on 18 Jan 2012. Using an estimated price of £388,831 means this house is valued at £2,302 per sq meter (£213 per sq foot).
The average size of a house on ROBERT LINGE CRESCENT is 227 sq meters (2,450 sq feet).
This house is the largest in the street with a floor area of 168 sq meters (1,817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Awaiting court outcome | On or near Mill Hill |
| Oct 2024 | Other theft | Under investigation | On or near Mounts Pit Lane |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Mounts Pit Lane |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near B1107 |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near B1107 |