£1,107,252
This estimated value is based upon the latest sale price for the house of £900,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £900,000 | 15 Feb 2019 |
| £245,000 | 24 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 281 sq meters or 3,024 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 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.028%.Applying this 23.028% change to the original purchase price of £900,000 results in an estimated price of approximately £1,107,252.
| 15 Feb 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.028 % | £900,000 | £207,252 | £1,107,252 |
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 | 20.419 % | £183,770 | £1,083,770 |
| 3 Month Average | 9.700 % | £87,300 | £987,300 |
| 6 Month Average | 5.510 % | £49,592 | £949,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £200,678 | £200,000 | 12 HAWTHORN DRIVE |
| 22 Nov 2023 | £162,081 | £160,000 | 34 SALMET CLOSE |
| 26 May 2022 | £129,931 | £128,000 | 42 SALMET CLOSE |
| 6 May 2022 | £663,868 | £654,000 | 19 STONE LODGE LANE |
| 15 Mar 2022 | £356,067 | £345,000 | 24 SALMET CLOSE |
This house has a floor area of 281 sq meters or 3,024 sq feet when measured on 12 Sep 2017. Using an estimated price of £1,107,252 means this house is valued at £3,940 per sq meter (£366 per sq foot).
The average size of a house on STONE LODGE LANE is 200 sq meters (2,162 sq feet).
This house is the largest in the street with a floor area of 281 sq meters (3,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Stone Lodge Lane |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Stone Lodge Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Salmet Close |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Birkfield Close |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Birkfield Close |