£523,076
This estimated value is based upon the latest sale price for the house of £275,000 on 31 Aug 2004. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 31 Aug 2004 |
| £105,000 | 22 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 2004 the House Price Index for SUFFOLK was 77.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 90.210%.Applying this 90.210% change to the original purchase price of £275,000 results in an estimated price of approximately £523,076.
| 31 Aug 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 146.7 | 90.210 % | £275,000 | £248,076 | £523,076 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 127.649 % | £351,035 | £626,035 |
| 3 Month Average | 51.557 % | £141,780 | £416,780 |
| 6 Month Average | 77.054 % | £211,898 | £486,898 |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 21 Aug 2018.
The average size of a house on GAINSBOROUGH ROAD is 137 sq meters (1,480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gainsborough Road |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Vermont Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Vermont Crescent |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Parkside Avenue |
| Dec 2023 | Other crime | Under investigation | On or near Parkside Avenue |