£242,711
This estimated value is based upon the latest sale price for the house of £159,950 on 12 Jun 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £159,950 | 12 Jun 2014 |
| £145,000 | 1 May 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 June 2014 the House Price Index for SUFFOLK was 96.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 51.742%.Applying this 51.742% change to the original purchase price of £159,950 results in an estimated price of approximately £242,711.
| 12 Jun 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 146.7 | 51.742 % | £159,950 | £82,761 | £242,711 |
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 | -22.247 % | £-35,584 | £124,365 |
| 3 Month Average | 26.445 % | £42,298 | £202,248 |
| 6 Month Average | 40.295 % | £64,452 | £224,402 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Oct 2014.
The average size of a house on LANCASTER AVENUE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Lancaster Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Lancaster Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Avenue |