£243,021
This estimated value is based upon the latest sale price for the house of £167,000 on 12 Mar 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £167,000 | 12 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 2015 the House Price Index for SUFFOLK was 100.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.522%.Applying this 45.522% change to the original purchase price of £167,000 results in an estimated price of approximately £243,021.
| 12 Mar 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 146.7 | 45.522 % | £167,000 | £76,021 | £243,021 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 97.138 % | £162,220 | £329,220 |
| 3 Month Average | 16.875 % | £28,180 | £195,180 |
| 6 Month Average | 32.072 % | £53,560 | £220,560 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 May 2015.
The average size of a house on LANCING AVENUE is 96 sq meters (1,042 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancing Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sidegate Avenue |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Kingsgate Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsgate Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsgate Drive |