£208,125
This estimated value is based upon the latest sale price for the house of £167,650 on 29 Oct 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £167,650 | 29 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 £167,650 results in an estimated price of approximately £208,125.
| 29 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £167,650 | £40,475 | £208,125 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 21.048 % | £35,287 | £202,937 |
| 3 Month Average | 14.634 % | £24,533 | £192,183 |
| 6 Month Average | 20.985 % | £35,181 | £202,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £206,340 | £200,000 | 96 GAINSBOROUGH ROAD |
| 12 Oct 2023 | £235,345 | £230,000 | 70 GAINSBOROUGH ROAD |
| 1 Sep 2023 | £204,508 | £200,000 | 100 GAINSBOROUGH ROAD |
| 22 Jun 2023 | £265,317 | £260,000 | 3 CONSTABLE WAY |
| 17 Feb 2023 | £226,513 | £225,000 | 17 CONSTABLE WAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 31 May 2018. Using an estimated price of £208,126 means this house is valued at £2,738 per sq meter (£254 per sq foot).
The average size of a house on GAINSBOROUGH ROAD is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brook Close |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Brook Close |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Brook Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Courtyard |
| Aug 2024 | Anti-social behaviour | On or near The Courtyard |