£253,549
This estimated value is based upon the latest sale price for the house of £240,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 11 Feb 2022 |
| £170,000 | 2 Nov 2011 |
| £110,000 | 3 Dec 2010 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 February 2022 the House Price Index for SUFFOLK was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £240,000 results in an estimated price of approximately £253,549.
| 11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £240,000 | £13,549 | £253,549 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 11.650 % | £27,958 | £267,958 |
| 3 Month Average | 14.544 % | £34,905 | £274,905 |
| 6 Month Average | 21.153 % | £50,767 | £290,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £261,642 | £255,000 | 549 BRAMFORD ROAD |
| 13 Nov 2023 | £153,907 | £150,000 | 493 BRAMFORD ROAD |
| 13 Oct 2023 | £209,764 | £205,000 | 525 BRAMFORD ROAD |
| 8 Sep 2023 | £255,584 | £249,950 | 519 BRAMFORD ROAD |
| 25 Aug 2023 | £254,592 | £250,000 | 8 QUENTIN CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 17 Oct 2012. Using an estimated price of £253,550 means this house is valued at £2,948 per sq meter (£273 per sq foot).
The average size of a house on SPROUGHTON ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quentin Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pitcairn Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pitcairn Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pitcairn Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hammersmith Way |