£239,784
This estimated value is based upon the latest sale price for the house of £183,500 on 31 Jan 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been three burglaries within the last year on or near Park Cottages
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £183,500 | 31 Jan 2017 |
| £65,000 | 26 Apr 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 568 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 2017 the House Price Index for SUFFOLK was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £183,500 results in an estimated price of approximately £239,784.
| 31 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £183,500 | £56,284 | £239,784 |
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 | 33.787 % | £61,999 | £245,499 |
| 3 Month Average | 38.393 % | £70,450 | £253,950 |
| 6 Month Average | 22.026 % | £40,417 | £223,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £245,301 | £242,000 | 12 GREEN ROAD |
| 7 Jul 2023 | £278,752 | £275,000 | 32 PARK LANE |
| 18 Jan 2023 | £213,992 | £215,000 | 13 MELTON CLOSE |
| 28 Jul 2022 | £210,567 | £210,000 | 21 MELTON CLOSE |
| 17 Jun 2022 | £238,369 | £235,000 | 74 PARK LANE |
This house has a floor area of 52 sq meters or 568 sq feet when measured on 18 Jun 2009. Using an estimated price of £239,785 means this house is valued at £4,537 per sq meter (£421 per sq foot).
The average size of a house on PARK LANE is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Park Cottages |
| Mar 2024 | Burglary | Under investigation | On or near Park Cottages |
| Mar 2024 | Burglary | Under investigation | On or near Park Cottages |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melton Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melton Close |