£87,142
This estimated value is based upon the latest sale price for the house of £18,000 on 24 Feb 1998. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £18,000 | 24 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 February 1998 the House Price Index for SUFFOLK was 30.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 384.123%.Applying this 384.123% change to the original purchase price of £18,000 results in an estimated price of approximately £87,142.
| 24 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 149.7 | 384.123 % | £18,000 | £69,142 | £87,142 |
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 | 514.766 % | £92,657 | £110,657 |
| 3 Month Average | 450.283 % | £81,050 | £99,050 |
| 6 Month Average | 436.744 % | £78,613 | £96,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £263,084 | £255,000 | 36 BUREGATE ROAD |
| 28 Jun 2023 | £6,123 | £6,000 | PARK COURT LANGER ROAD |
| 20 Feb 2023 | £302,017 | £300,000 | UNITS 2-3 LANGER PARK INDUSTRIAL ESTATE HOLLAND ROAD |
| 17 Jun 2022 | £229,915 | £225,000 | 30 MANNING ROAD |
| 12 May 2022 | £256,687 | £250,000 | 24 RUSSELL ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 9 Sep 2019. Using an estimated price of £87,142 means this house is valued at £764 per sq meter (£71 per sq foot).
The average size of a house on LANGER ROAD is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Russell Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Russell Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russell Road |
| Jul 2024 | Anti-social behaviour | On or near Russell Road | |
| Jul 2024 | Anti-social behaviour | On or near Russell Road |