£246,812
This estimated value is based upon the latest sale price for the house of £202,250 on 3 May 2019. 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 Lambeth Close
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| Price Paid | Date |
|---|---|
| £202,250 | 3 May 2019 |
| £184,000 | 10 Mar 2017 |
| £131,500 | 15 Jul 2011 |
| £90,000 | 10 Jan 2011 |
| £40,500 | 2 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 909 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 May 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £202,250 results in an estimated price of approximately £246,812.
| 3 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £202,250 | £44,562 | £246,812 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | -2.442 % | £-4,939 | £197,310 |
| 3 Month Average | 4.791 % | £9,690 | £211,940 |
| 6 Month Average | 8.423 % | £17,036 | £219,286 |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 4 May 2011.
The average size of a house on RICHMOND ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lambeth Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Hampton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hampton Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kitchener Road |