£231,273
This estimated value is based upon the latest sale price for the house of £130,000 on 21 Dec 2005. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £130,000 | 21 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 December 2005 the House Price Index for SUFFOLK was 82.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 77.903%.Applying this 77.903% change to the original purchase price of £130,000 results in an estimated price of approximately £231,273.
| 21 Dec 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 146.7 | 77.903 % | £130,000 | £101,273 | £231,273 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 97.576 % | £126,849 | £256,849 |
| 3 Month Average | 55.847 % | £72,601 | £202,601 |
| 6 Month Average | 76.446 % | £99,379 | £229,379 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 30 Apr 2019.
The average size of a house on GAOL LANE is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gaol Lane |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Siam Place |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Siam Place |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Burkitts Lane |
| Mar 2024 | Public order | Under investigation | On or near Acton Square |