£327,501
This estimated value is based upon the latest sale price for the house of £310,000 on 17 Feb 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £310,000 | 17 Feb 2022 |
| £175,000 | 25 Jan 2006 |
| £47,000 | 10 Mar 1995 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 February 2022 the House Price Index for SUFFOLK was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £310,000 results in an estimated price of approximately £327,501.
| 17 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £310,000 | £17,501 | £327,501 |
The Postcode Pricing Model uses changes in average sales price within the IP23 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 | 102.375 % | £317,361 | £627,361 |
| 3 Month Average | -14.012 % | £-43,437 | £266,562 |
| 6 Month Average | 14.462 % | £44,833 | £354,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £220,600 | £215,000 | 44 MILLFIELD |
| 18 Oct 2023 | £240,461 | £235,000 | 1 MILL HOUSE, 25 CASTLETON WAY |
| 6 Oct 2023 | £225,113 | £220,000 | 10 MILLFIELD |
| 5 Oct 2023 | £332,553 | £325,000 | 5 DANIEL GARDENS |
| 30 Jan 2023 | £197,026 | £196,500 | 30 MILLFIELD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 30 Nov 2015. Using an estimated price of £327,502 means this house is valued at £3,341 per sq meter (£310 per sq foot).
The average size of a house on GAYE CRESCENT is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castleton Way |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Millfield |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Haygate |
| Jul 2024 | Anti-social behaviour | On or near Highfield | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Police Station |