£199,517
This estimated value is based upon the latest sale price for the house of £161,500 on 22 Oct 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £161,500 | 22 Oct 2019 |
| £124,500 | 23 Aug 2017 |
| £41,000 | 6 Jun 2001 |
| £43,000 | 6 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 £161,500 results in an estimated price of approximately £199,517.
| 22 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £161,500 | £38,017 | £199,517 |
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 % | £28,791 | £190,291 |
| 3 Month Average | 14.521 % | £23,451 | £184,951 |
| 6 Month Average | 25.046 % | £40,448 | £201,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £200,418 | £196,000 | 25 CHEVALLIER STREET |
| 8 Sep 2023 | £194,283 | £190,000 | 42 BRAMFORD LANE |
| 13 Apr 2023 | £198,717 | £195,000 | 7 BRAMFORD LANE |
| 20 Jan 2023 | £230,616 | £230,000 | 152 BRAMFORD ROAD |
| 12 Jan 2022 | £153,729 | £145,000 | 179 BRAMFORD ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 2 May 2017. Using an estimated price of £199,517 means this house is valued at £2,122 per sq meter (£197 per sq foot).
The average size of a house on BRAMFORD LANE is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thetford Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thetford Road |
| 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 |