£254,755
This estimated value is based upon the latest sale price for the house of £205,000 on 13 Dec 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £205,000 | 13 Dec 2018 |
| £152,500 | 18 Mar 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 December 2018 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £205,000 results in an estimated price of approximately £254,755.
| 13 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £205,000 | £49,755 | £254,755 |
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 | 34.197 % | £70,104 | £275,104 |
| 3 Month Average | 28.964 % | £59,375 | £264,375 |
| 6 Month Average | 17.210 % | £35,280 | £240,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £189,170 | £185,000 | 211 HIGH STREET |
| 17 Nov 2022 | £158,260 | £159,000 | FLAT 4 THE HOUSE MARTINS CAGE LANE |
| 27 Oct 2022 | £121,594 | £122,000 | FLAT 6 THE HOUSE MARTINS CAGE LANE |
| 16 Sep 2022 | £124,917 | £125,000 | FLAT 20 THE HOUSE MARTINS CAGE LANE |
| 7 Mar 2022 | £247,934 | £237,500 | 9 GRAHAM ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 14 May 2018. Using an estimated price of £254,756 means this house is valued at £2,681 per sq meter (£249 per sq foot).
The average size of a house on CAGE LANE is 64 sq meters (691 sq feet).
This house is the largest in the street with a floor area of 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Supermarket | |
| Jul 2024 | Anti-social behaviour | On or near Supermarket | |
| Jul 2024 | Anti-social behaviour | On or near Supermarket | |
| Jul 2024 | Anti-social behaviour | On or near Supermarket | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queen Street |