£465,536
This estimated value is based upon the latest sale price for the house of £375,000 on 4 Oct 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £375,000 | 4 Oct 2018 |
| £500,000 | 14 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 October 2018 the House Price Index for SUFFOLK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £375,000 results in an estimated price of approximately £465,536.
| 4 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £375,000 | £90,536 | £465,536 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | 18.810 % | £70,536 | £445,536 |
| 3 Month Average | 13.850 % | £51,937 | £426,937 |
| 6 Month Average | 15.004 % | £56,264 | £431,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £141,226 | £140,000 | 2 BRISCOE TERRACE |
| 15 Aug 2023 | £432,806 | £425,000 | 2 MILL VIEW CLOSE |
| 23 Aug 2022 | £715,847 | £712,500 | 7 HASKETON ROAD |
| 17 Aug 2022 | £241,128 | £240,000 | 43 GRUNDISBURGH ROAD |
| 3 May 2022 | £324,532 | £316,077 | 25 GRUNDISBURGH ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 24 Sep 2018. Using an estimated price of £465,537 means this house is valued at £3,423 per sq meter (£318 per sq foot).
The average size of a house on GRUNDISBURGH ROAD is 112 sq meters (1,211 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Naunton Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Naunton Road |
| Oct 2024 | Public order | Under investigation | On or near Grundisburgh Road |
| Sep 2024 | Public order | Local resolution | On or near Grundisburgh Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Bilney Road |