£144,906
This estimated value is based upon the latest sale price for the house of £133,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £133,000 | 19 Nov 2021 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 November 2021 the House Price Index for SUFFOLK was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £133,000 results in an estimated price of approximately £144,906.
| 19 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £133,000 | £11,906 | £144,906 |
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 | 9.468 % | £12,592 | £145,592 |
| 3 Month Average | 16.849 % | £22,408 | £155,408 |
| 6 Month Average | 16.680 % | £22,184 | £155,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £173,476 | £170,000 | 437 BRAMFORD ROAD |
| 10 Mar 2023 | £113,902 | £112,000 | 3 HAMMERSMITH WAY |
| 6 Jul 2022 | £151,518 | £150,000 | 328 BRAMFORD ROAD |
| 1 Jul 2022 | £182,832 | £181,000 | 439 BRAMFORD ROAD |
| 1 Jun 2022 | £276,409 | £270,500 | 16 EDWARD CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 16 Jul 2021. Using an estimated price of £144,906 means this house is valued at £2,195 per sq meter (£203 per sq foot).
The average size of a house on BRAMFORD ROAD is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Redhill Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hammersmith Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hammersmith Way |
| Aug 2024 | Other theft | Under investigation | On or near Hammersmith Way |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Hammersmith Way |