£229,088
This estimated value is based upon the latest sale price for the house of £220,500 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £220,500 | 31 Jan 2022 |
| £133,000 | 19 Oct 2012 |
| £133,000 | 19 Oct 2012 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 January 2022 the House Price Index for SUFFOLK was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £220,500 results in an estimated price of approximately £229,088.
| 31 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £220,500 | £8,588 | £229,088 |
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 | -32.497 % | £-71,654 | £148,845 |
| 3 Month Average | 24.281 % | £53,539 | £274,039 |
| 6 Month Average | 28.430 % | £62,688 | £283,188 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 12 Oct 2021.
The average size of a house on CAGE LANE is 64 sq meters (691 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cage Lane |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Cage Lane |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |