£332,141
This estimated value is based upon the latest sale price for the house of £277,000 on 11 Aug 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £277,000 | 11 Aug 2020 |
| £78,000 | 31 Jan 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 221 sq meters or 2,378 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 August 2020 the House Price Index for SUFFOLK was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £277,000 results in an estimated price of approximately £332,141.
| 11 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £277,000 | £55,141 | £332,141 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | -6.940 % | £-19,223 | £257,776 |
| 3 Month Average | 21.342 % | £59,118 | £336,118 |
| 6 Month Average | 26.614 % | £73,721 | £350,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £245,301 | £242,000 | 12 GREEN ROAD |
| 7 Jul 2023 | £278,752 | £275,000 | 32 PARK LANE |
| 21 Apr 2023 | £242,612 | £240,000 | 5 PARK AVENUE |
| 18 Jan 2023 | £213,992 | £215,000 | 13 MELTON CLOSE |
| 28 Jul 2022 | £210,567 | £210,000 | 21 MELTON CLOSE |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 25 Oct 2019. Using an estimated price of £332,141 means this house is valued at £1,502 per sq meter (£139 per sq foot).
The average size of a house on PARK LANE is 90 sq meters (977 sq feet).
This house is the largest in the street with a floor area of 221 sq meters (2,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melton Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melton Close |
| Mar 2024 | Burglary | Under investigation | On or near Park Cottages |
| Mar 2024 | Burglary | Under investigation | On or near Park Cottages |
| Mar 2024 | Burglary | Under investigation | On or near Park Cottages |