£303,629
This estimated value is based upon the latest sale price for the house of £198,250 on 6 Nov 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £198,250 | 6 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 November 2007 the House Price Index for SUFFOLK was 95.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.155%.Applying this 53.155% change to the original purchase price of £198,250 results in an estimated price of approximately £303,629.
| 6 Nov 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 146.7 | 53.155 % | £198,250 | £105,379 | £303,629 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 90.798 % | £180,006 | £378,256 |
| 3 Month Average | 28.745 % | £56,987 | £255,237 |
| 6 Month Average | 42.705 % | £84,663 | £282,913 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 15 Jul 2014.
The average size of a house on FOUNDRY LANE is 50 sq meters (545 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Foundry Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foundry Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near College Street |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near College Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |