£216,823
This estimated value is based upon the latest sale price for the house of £175,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Grebe Close
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| Price Paid | Date |
|---|---|
| £175,000 | 12 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 January 2018 the House Price Index for SUFFOLK was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £175,000 results in an estimated price of approximately £216,823.
| 12 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £175,000 | £41,823 | £216,823 |
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 | 53.904 % | £94,331 | £269,331 |
| 3 Month Average | 30.226 % | £52,895 | £227,895 |
| 6 Month Average | 32.946 % | £57,655 | £232,655 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 20 Dec 2013.
The average size of a house on TERN ROAD is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Grebe Close |
| Mar 2024 | Public order | Under investigation | On or near Grebe Close |
| Mar 2024 | Theft from the person | Under investigation | On or near Grebe Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grebe Close |
| Dec 2023 | Other theft | Awaiting court outcome | On or near Grebe Close |