£154,608
This estimated value is based upon the latest sale price for the house of £100,000 on 15 May 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£100,000 | 15 May 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 2014 the House Price Index for SUFFOLK was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £100,000 results in an estimated price of approximately £154,608.
15 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £100,000 | £54,608 | £154,608 |
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 | 58.774 % | £58,774 | £158,774 |
3 Month Average | 75.179 % | £75,178 | £175,178 |
6 Month Average | 69.149 % | £69,148 | £169,148 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jun 2023 | £260,657 | £257,500 | 5 CARSON WALK |
27 Jan 2023 | £141,334 | £142,000 | 2 LESTER PIGGOTT WAY |
23 May 2022 | £242,571 | £238,000 | 26 LESTER PIGGOTT WAY |
20 Apr 2022 | £267,748 | £260,000 | 49 CORSICAN PINE CLOSE |
7 Apr 2022 | £131,814 | £128,000 | 46 GEORGE LAMBTON AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 31 Jan 2014. Using an estimated price of £154,609 means this house is valued at £2,576 per sq meter (£239 per sq foot).
The average size of a house on GEORGE LAMBTON AVENUE is 69 sq meters (746 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lester Piggott Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lester Piggott Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lester Piggott Way |
Dec 2023 | Anti-social behaviour | On or near Lester Piggott Way | |
Dec 2023 | Anti-social behaviour | On or near Lester Piggott Way |