£148,248
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Oct 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£120,000 | 30 Oct 2019 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £120,000 results in an estimated price of approximately £148,248.
30 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £120,000 | £28,248 | £148,248 |
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 | 17.827 % | £21,392 | £141,392 |
3 Month Average | 14.521 % | £17,425 | £137,425 |
6 Month Average | 25.046 % | £30,054 | £150,054 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £243,745 | £240,000 | 1 BEACONSFIELD ROAD |
1 Sep 2023 | £163,607 | £160,000 | 18 BEACONSFIELD ROAD |
13 Apr 2023 | £198,717 | £195,000 | 7 BRAMFORD LANE |
28 Mar 2023 | £147,463 | £145,000 | 15 BEACONSFIELD ROAD |
13 Feb 2023 | £241,614 | £240,000 | 11 BEACONSFIELD ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 29 Jan 2016. Using an estimated price of £148,248 means this house is valued at £1,876 per sq meter (£174 per sq foot).
The average size of a house on BRAMFORD ROAD is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sallows Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sallows Close |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sallows Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fraser Road |
Oct 2024 | Other theft | Under investigation | On or near Beaconsfield Road |