£117,091
This estimated value is based upon the latest sale price for the house of £95,000 on 26 Feb 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £95,000 | 26 Feb 2020 |
| £104,000 | 30 Aug 2016 |
| £90,000 | 30 Mar 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2020 the House Price Index for SUFFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £95,000 results in an estimated price of approximately £117,091.
| 26 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £95,000 | £22,091 | £117,091 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 1.974 % | £1,875 | £96,875 |
| 3 Month Average | 7.230 % | £6,868 | £101,868 |
| 6 Month Average | 12.111 % | £11,505 | £106,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £263,084 | £255,000 | 36 BUREGATE ROAD |
| 28 Jun 2023 | £6,123 | £6,000 | PARK COURT LANGER ROAD |
| 20 Feb 2023 | £302,017 | £300,000 | UNITS 2-3 LANGER PARK INDUSTRIAL ESTATE HOLLAND ROAD |
| 12 May 2022 | £256,687 | £250,000 | 24 RUSSELL ROAD |
| 22 Oct 2021 | £176,118 | £158,000 | 6 PARK COURT LANGER ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 6 Apr 2016. Using an estimated price of £117,092 means this house is valued at £2,602 per sq meter (£241 per sq foot).
The average size of a house on LANGER ROAD is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Buregate Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Buregate Road |
| Aug 2024 | Drugs | Local resolution | On or near Buregate Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Buregate Road |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Beach Road West |