£119,116
This estimated value is based upon the latest sale price for the house of £33,500 on 26 Feb 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£33,500 | 26 Feb 2001 |
Semi-Detached |
Freehold |
Floor Area: 50 sq meters or 538 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 2001 the House Price Index for SUFFOLK was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £33,500 results in an estimated price of approximately £119,116.
26 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.1 | 149.7 | 255.570 % | £33,500 | £85,616 | £119,116 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | 192.742 % | £64,568 | £98,068 |
3 Month Average | 232.817 % | £77,993 | £111,493 |
6 Month Average | 241.910 % | £81,039 | £114,539 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £235,041 | £233,000 | 120 MAIDENHALL APPROACH |
13 Oct 2023 | £245,578 | £240,000 | 17 LA SALLE CLOSE |
21 Jun 2023 | £240,826 | £236,000 | 6 BRIARHAYES CLOSE |
5 Jun 2023 | £178,579 | £175,000 | 28 BRIARHAYES CLOSE |
6 Apr 2023 | £217,060 | £213,000 | 31 BRIARHAYES CLOSE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 8 Oct 2013. Using an estimated price of £119,116 means this house is valued at £2,382 per sq meter (£221 per sq foot).
The average size of a house on OAK HILL LANE is 158 sq meters (1,703 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other crime | Further investigation is not in the public interest | On or near Pembroke Close |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Pembroke Close |
Oct 2024 | Other crime | Further investigation is not in the public interest | On or near La Salle Close |
Sep 2024 | Anti-social behaviour | On or near La Salle Close | |
Sep 2024 | Anti-social behaviour | On or near La Salle Close |