£156,422
This estimated value is based upon the latest sale price for the house of £111,500 on 25 Nov 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £111,500 | 25 Nov 2015 |
| £125,000 | 7 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 November 2015 the House Price Index for SUFFOLK was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £111,500 results in an estimated price of approximately £156,422.
| 25 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £111,500 | £44,922 | £156,422 |
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 | 46.945 % | £52,344 | £163,844 |
| 3 Month Average | 53.900 % | £60,098 | £171,598 |
| 6 Month Average | 38.238 % | £42,635 | £154,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £153,381 | £150,000 | 68 GASKELL PLACE |
| 26 Jun 2023 | £142,863 | £140,000 | 33 REAVELL PLACE |
| 21 Nov 2022 | £144,325 | £145,000 | 8 GASKELL PLACE |
| 19 Jul 2022 | £141,417 | £140,000 | 5 GASKELL PLACE |
| 11 Apr 2022 | £129,678 | £125,000 | 25 GASKELL PLACE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 3 Nov 2021. Using an estimated price of £156,423 means this house is valued at £3,328 per sq meter (£309 per sq foot).
The average size of a house on GASKELL PLACE is 59 sq meters (642 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Reavell Place |
| Sep 2024 | Anti-social behaviour | On or near Reavell Place | |
| Sep 2024 | Anti-social behaviour | On or near Reavell Place | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Reavell Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Reavell Place |