8, BIRCH CLOSE, LOWESTOFT, NR32 3QF - £223,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 BIRCH CLOSE is a detached house, which could now be worth an estimated £368,720. It was last sold for £223,000 in March 2007, which was around 10% below the average March 2007 detached price in the East Suffolk local authority area.

8 BIRCH CLOSE Sold Prices

Land registry data shows three sales for 8 BIRCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The three 8 BIRCH CLOSE sales were a mix of below the average price, and roughly equal to the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 30 MAR	£223,000	£246,753	10% below HPI
2005 28 JAN	£217,000	£222,590	3% below HPI
1998 18 DEC	£91,000	£91,075	Close to HPI

What might 8 BIRCH CLOSE be worth now?

8 BIRCH CLOSE might now be worth an estimated £368,720.

This is based on house price inflation of 65.3%, between March 2007 and May 2026, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.3% inflationary increase is applied to the most recent sale price for 8 BIRCH CLOSE of £223,000 on 30th March 2007. For the value to have increased from £223,000 to £368,720 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 BIRCH CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2007 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BIRCH CLOSE has not materially changed since March 2007.

Where is 8 BIRCH CLOSE?

8 BIRCH CLOSE is located in LOWESTOFT, in the NR32 postcode district.