£199,251
This estimated value is based upon the latest sale price for the house of £190,000 on 7 Feb 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£190,000 | 7 Feb 2022 |
£75,000 | 16 Aug 2002 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 2022 the House Price Index for SUFFOLK was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £190,000 results in an estimated price of approximately £199,251.
7 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £190,000 | £9,251 | £199,251 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | -16.835 % | £-31,987 | £158,012 |
3 Month Average | -13.131 % | £-24,949 | £165,050 |
6 Month Average | -11.006 % | £-20,910 | £169,089 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £232,030 | £230,000 | 106 QUEEN ELIZABETH DRIVE |
30 Mar 2023 | £257,425 | £255,000 | 17 ST DAVIDS CLOSE |
10 Feb 2023 | £181,878 | £182,000 | 4 SIR JOHN LEMAN ROAD |
3 Feb 2023 | £234,792 | £234,950 | 134 QUEEN ELIZABETH DRIVE |
4 Jul 2022 | £245,661 | £245,000 | 126 QUEEN ELIZABETH DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 25 Jun 2015. Using an estimated price of £199,252 means this house is valued at £2,729 per sq meter (£253 per sq foot).
The average size of a house on OAK LANE is 104 sq meters (1,119 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Local resolution | On or near Oak Lane |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near George Davey Close |
Feb 2024 | Drugs | Under investigation | On or near Rigbourne Hill Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Sir John Leman Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near George Brown Way |