£1,340,859
This estimated value is based upon the latest sale price for the house of £1,350,000 on 31 Aug 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £1,350,000 | 31 Aug 2023 |
| £400,000 | 5 Oct 2018 |
| £85,000 | 7 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 264 sq meters or 2,841 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 August 2023 the House Price Index for SUFFOLK was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £1,350,000 results in an estimated price of approximately £1,340,859.
| 31 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £1,350,000 | £-9,140 | £1,340,859 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -28.857 % | £-389,573 | £960,426 |
| 3 Month Average | -15.086 % | £-203,660 | £1,146,339 |
| 6 Month Average | 6.411 % | £86,541 | £1,436,541 |
This house has a floor area of 264 sq meters or 2,841 sq feet when measured on 17 Jun 2019.
The average size of a house on GROVE ROAD is 160 sq meters (1,725 sq feet).
This house is the largest in the street with a floor area of 264 sq meters (2,841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Supermarket |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |
| Feb 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Feb 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |