£242,288
This estimated value is based upon the latest sale price for the house of £195,000 on 9 Jul 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £195,000 | 9 Jul 2019 |
| £91,500 | 5 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2019 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £195,000 results in an estimated price of approximately £242,288.
| 9 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £195,000 | £47,288 | £242,288 |
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 | 9.795 % | £19,101 | £214,101 |
| 3 Month Average | 13.131 % | £25,605 | £220,605 |
| 6 Month Average | 21.695 % | £42,305 | £237,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £230,860 | £225,000 | 345 BRAMFORD ROAD |
| 11 Oct 2023 | £225,113 | £220,000 | 331 BRAMFORD ROAD |
| 10 Oct 2023 | £171,904 | £168,000 | 279 BRAMFORD ROAD |
| 29 Sep 2023 | £194,283 | £190,000 | 16 SURBITON ROAD |
| 9 Jun 2023 | £221,438 | £217,000 | 305 BRAMFORD ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 Dec 2018. Using an estimated price of £242,288 means this house is valued at £2,991 per sq meter (£277 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 | Awaiting court outcome | On or near Surbiton Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Surbiton Road |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Surbiton Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Surbiton Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Surbiton Road |