£278,003
This estimated value is based upon the latest sale price for the house of £73,500 on 12 May 2000. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£73,500 | 12 May 2000 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 645 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 May 2000 the House Price Index for SUFFOLK was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £73,500 results in an estimated price of approximately £278,003.
12 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.3 | 148.6 | 278.236 % | £73,500 | £204,503 | £278,003 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 81.125 % | £59,626 | £133,126 |
3 Month Average | 187.055 % | £137,485 | £210,985 |
6 Month Average | 240.216 % | £176,558 | £250,058 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £223,918 | £220,000 | 43 TOLLGATE LANE |
21 Apr 2023 | £340,668 | £337,000 | 6 AVENUE APPROACH |
21 Apr 2023 | £470,061 | £465,000 | 34 NORTHGATE AVENUE |
31 Mar 2023 | £149,408 | £148,000 | 6 AVON COURT TOLLGATE LANE |
27 Feb 2023 | £84,943 | £85,000 | 12 HANOVER CLOSE |
This house has a floor area of 59 sq meters or 645 sq feet when measured on 8 Jun 2009. Using an estimated price of £278,004 means this house is valued at £4,636 per sq meter (£430 per sq foot).
The average size of a house on TOLLGATE LANE is 72 sq meters (784 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Petrol Station |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Petrol Station |
Jan 2024 | Public order | Under investigation | On or near Petrol Station |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
Dec 2023 | Anti-social behaviour | On or near Petrol Station |