£471,059
This estimated value is based upon the latest sale price for the house of £112,000 on 24 Sep 1999. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £112,000 | 24 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 September 1999 the House Price Index for SUFFOLK was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £112,000 results in an estimated price of approximately £471,059.
| 24 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.6 | 320.589 % | £112,000 | £359,059 | £471,059 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | 387.799 % | £434,334 | £546,334 |
| 3 Month Average | 281.027 % | £314,750 | £426,750 |
| 6 Month Average | 324.377 % | £363,302 | £475,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2023 | £288,102 | £285,000 | 7 GIPPESWYK AVENUE |
| 31 Mar 2023 | £469,423 | £465,000 | 23 GRANTHAM CRESCENT |
| 10 Mar 2023 | £164,046 | £162,500 | FLAT 18 HOWARD HOUSE, 5 GIPPESWYK AVENUE |
| 22 Aug 2022 | £289,221 | £290,000 | 6 GIPPESWYK AVENUE |
| 5 Aug 2022 | £516,111 | £517,500 | THE WILLOWS KESTEVEN ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 26 Mar 2014. Using an estimated price of £471,060 means this house is valued at £3,515 per sq meter (£326 per sq foot).
The average size of a house on GRANTHAM CRESCENT is 135 sq meters (1,454 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gippeswyk Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Stone Lodge Lane |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Stone Lodge Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Salmet Close |