£351,644
This estimated value is based upon the latest sale price for the house of £350,000 on 31 Aug 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £350,000 | 31 Aug 2022 |
| £150,000 | 14 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 971 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 August 2022 the House Price Index for SUFFOLK was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £350,000 results in an estimated price of approximately £351,644.
| 31 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £350,000 | £1,644 | £351,644 |
The Postcode Pricing Model uses changes in average sales price within the IP23 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 | 16.721 % | £58,524 | £408,524 |
| 3 Month Average | -18.061 % | £-63,212 | £286,787 |
| 6 Month Average | -8.389 % | £-29,362 | £320,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £425,809 | £415,000 | 7 ORCHARD CLOSE |
| 9 Oct 2023 | £138,137 | £135,000 | 13 BUCKSHORN LANE |
| 28 Jun 2023 | £217,356 | £213,000 | 3 CASTLE STREET |
| 31 Aug 2022 | £351,644 | £350,000 | 43 LOWGATE STREET |
| 11 Aug 2022 | £401,879 | £400,000 | 15 ORCHARD CLOSE |
This house has a floor area of 90 sq meters or 971 sq feet when measured on 30 Jan 2012. Using an estimated price of £351,644 means this house is valued at £3,894 per sq meter (£361 per sq foot).
The average size of a house on LOWGATE STREET is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near B1117 |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Rookery |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moorhall Causeway |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moorhall Causeway |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Cranley Green Road |