£171,839
This estimated value is based upon the latest sale price for the house of £109,000 on 30 May 2007. 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 Barrack Lane
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| Price Paid | Date |
|---|---|
| £109,000 | 30 May 2007 |
| £69,000 | 30 May 2001 |
| £44,950 | 28 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 2007 the House Price Index for SUFFOLK was 93.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.651%.Applying this 57.651% change to the original purchase price of £109,000 results in an estimated price of approximately £171,839.
| 30 May 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 146.7 | 57.651 % | £109,000 | £62,839 | £171,839 |
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 | 39.384 % | £42,928 | £151,928 |
| 3 Month Average | 45.272 % | £49,346 | £158,346 |
| 6 Month Average | 54.131 % | £59,002 | £168,002 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 27 Sep 2018.
The average size of a house on BARRACK LANE is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Barrack Lane |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Barrack Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barrack Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Barrack Lane |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Barrack Lane |