£187,076
This estimated value is based upon the latest sale price for the house of £35,500 on 11 Apr 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Hammersmith Way
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| Price Paid | Date |
|---|---|
| £35,500 | 11 Apr 1997 |
| Semi-Detached |
| Freehold |
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 April 1997 the House Price Index for SUFFOLK was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £35,500 results in an estimated price of approximately £187,076.
| 11 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 426.976 % | £35,500 | £151,576 | £187,076 |
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 | 337.098 % | £119,669 | £155,169 |
| 3 Month Average | 404.069 % | £143,444 | £178,944 |
| 6 Month Average | 460.511 % | £163,481 | £198,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £220,000 | £220,000 | 16 PITCAIRN ROAD |
| 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 |
| 25 Aug 2023 | £254,592 | £250,000 | 8 QUENTIN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | Violence and sexual offences | Offender given a caution | On or near Hammersmith Way |
| Aug 2024 | Other theft | Under investigation | On or near Hammersmith Way |
| Jul 2024 | Burglary | Under investigation | On or near Hammersmith Way |