£349,157
This estimated value is based upon the latest sale price for the house of £265,000 on 17 Nov 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £265,000 | 17 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2016 the House Price Index for SUFFOLK was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £265,000 results in an estimated price of approximately £349,157.
| 17 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £265,000 | £84,157 | £349,157 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -20.906 % | £-55,400 | £209,599 |
| 3 Month Average | -8.388 % | £-22,228 | £242,771 |
| 6 Month Average | 12.258 % | £32,482 | £297,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £329,778 | £330,000 | 10 GRINDLE GARDENS |
| 3 Oct 2022 | £395,739 | £400,000 | 28 GRINDLE GARDENS |
| 27 May 2022 | £346,529 | £340,000 | 102 SOUTHGATE STREET |
| 24 Jan 2022 | £284,150 | £270,000 | 29 ROCKINGHAM ROAD |
| 9 Nov 2021 | £421,790 | £390,000 | 24 GRINDLE GARDENS |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 28 Jul 2016. Using an estimated price of £349,158 means this house is valued at £5,631 per sq meter (£523 per sq foot).
The average size of a house on GRINDLE GARDENS is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Grindle Gardens |
| Feb 2024 | Drugs | Under investigation | On or near Archers Place |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Abbots Gate |
| Mar 2024 | Other theft | Under investigation | On or near Coppers Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ely Close |