£546,767
This estimated value is based upon the latest sale price for the house of £314,000 on 26 Aug 2011. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £314,000 | 26 Aug 2011 |
| £175,000 | 18 Dec 2001 |
| £135,000 | 31 Mar 1999 |
| Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,101 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 2011 the House Price Index for SUFFOLK was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £314,000 results in an estimated price of approximately £546,767.
| 26 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £314,000 | £232,767 | £546,767 |
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 | 83.506 % | £262,210 | £576,210 |
| 3 Month Average | 61.157 % | £192,032 | £506,032 |
| 6 Month Average | 55.845 % | £175,351 | £489,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £267,826 | £265,500 | 6 GIPPESWYK AVENUE |
| 4 Mar 2024 | £269,135 | £265,000 | 8 GIPPESWYK AVENUE |
| 27 Oct 2023 | £623,153 | £609,000 | 23 QUEENSCLIFFE ROAD |
| 20 Oct 2023 | £286,507 | £280,000 | 31 GIPPESWYK AVENUE |
| 11 Apr 2023 | £290,432 | £285,000 | 7 GIPPESWYK AVENUE |
This house has a floor area of 195 sq meters or 2,101 sq feet when measured on 23 Apr 2011. Using an estimated price of £546,768 means this house is valued at £2,801 per sq meter (£260 per sq foot).
The average size of a house on GRANTHAM CRESCENT is 135 sq meters (1,454 sq feet).
This house is the largest in the street with a floor area of 195 sq meters (2,101 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grantham Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grantham Crescent |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kesteven Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kesteven Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sleaford Close |