£416,407
This estimated value is based upon the latest sale price for the house of £325,000 on 9 Jun 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £325,000 | 9 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 June 2017 the House Price Index for SUFFOLK was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £325,000 results in an estimated price of approximately £416,407.
| 9 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £325,000 | £91,407 | £416,407 |
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 | -16.994 % | £-55,231 | £269,768 |
| 3 Month Average | 22.276 % | £72,395 | £397,395 |
| 6 Month Average | 19.958 % | £64,862 | £389,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2021 | £246,417 | £230,000 | 87A BELSTEAD ROAD |
| 21 Dec 2021 | £219,632 | £205,000 | 91 BELSTEAD ROAD |
| 18 Nov 2021 | £428,820 | £396,500 | 46 GRANTHAM CRESCENT |
| 30 Sep 2021 | £205,281 | £190,500 | FLAT 3 BURLINGHAM HOUSE ANCASTER ROAD |
| 7 Sep 2021 | £409,485 | £380,000 | 4 STONE LODGE LANE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 25 Jan 2017. Using an estimated price of £416,408 means this house is valued at £3,227 per sq meter (£299 per sq foot).
The average size of a house on GRANTHAM CRESCENT is 135 sq meters (1,454 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Mallowhayes Close | |
| Jan 2024 | Anti-social behaviour | On or near Mallowhayes Close | |
| Jan 2024 | Anti-social behaviour | On or near Mallowhayes Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gippeswyk Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gippeswyk Road |