£446,372
This estimated value is based upon the latest sale price for the house of £290,000 on 4 Jul 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Cliff Lane
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| Price Paid | Date |
|---|---|
| £290,000 | 4 Jul 2014 |
| £275,000 | 23 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 July 2014 the House Price Index for SUFFOLK was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £290,000 results in an estimated price of approximately £446,372.
| 4 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £290,000 | £156,372 | £446,372 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 63.853 % | £185,173 | £475,173 |
| 3 Month Average | 46.856 % | £135,883 | £425,883 |
| 6 Month Average | 41.176 % | £119,411 | £409,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £294,925 | £290,000 | 10 OULTON ROAD |
| 19 Aug 2022 | £281,315 | £280,000 | 12 WROXHAM ROAD |
| 29 Nov 2021 | £294,170 | £270,000 | 17 WROXHAM ROAD |
| 18 Oct 2021 | £312,107 | £280,000 | 91 OULTON ROAD |
| 4 Dec 2020 | £252,054 | £218,000 | 68 OULTON ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 17 Jul 2014. Using an estimated price of £446,372 means this house is valued at £3,282 per sq meter (£304 per sq foot).
The average size of a house on CLIFF LANE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Cliff Lane |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cliff Lane |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cliff Lane |
| Sep 2024 | Public order | Under investigation | On or near Cliff Lane |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Cliff Lane |