£815,360
This estimated value is based upon the latest sale price for the house of £675,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £675,000 | 28 Aug 2020 |
| £465,000 | 20 Mar 2006 |
| £195,000 | 31 Aug 1999 |
| £162,000 | 5 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 253 sq meters or 2,723 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 2020 the House Price Index for SUFFOLK was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £675,000 results in an estimated price of approximately £815,360.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £675,000 | £140,360 | £815,360 |
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 | -4.501 % | £-30,381 | £644,618 |
| 3 Month Average | -18.406 % | £-124,241 | £550,758 |
| 6 Month Average | -4.512 % | £-30,458 | £644,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £412,681 | £400,000 | 40 CONSTABLE ROAD |
| 24 Oct 2023 | £972,078 | £950,000 | 8 WESTERFIELD ROAD |
| 21 Jun 2023 | £1,173,517 | £1,150,000 | 1 THORNBANK, 6 WESTERFIELD ROAD |
| 17 Feb 2023 | £908,695 | £902,625 | 10 WESTERFIELD ROAD |
| 28 Jul 2022 | £656,579 | £650,000 | 11 WESTERFIELD COURT |
This house has a floor area of 253 sq meters or 2,723 sq feet when measured on 15 Jun 2020. Using an estimated price of £815,361 means this house is valued at £3,222 per sq meter (£299 per sq foot).
The average size of a house on GAINSBOROUGH ROAD is 137 sq meters (1,480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Constable Road |
| May 2024 | Theft from the person | Under investigation | On or near Gainsborough Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gainsborough Road |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near B1077 |
| Jul 2024 | Public order | Under investigation | On or near Manor Road |