£181,423
This estimated value is based upon the latest sale price for the house of £85,000 on 20 Feb 2004. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£85,000 | 20 Feb 2004 |
£68,000 | 27 Sep 2002 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 February 2004 the House Price Index for SUFFOLK was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £85,000 results in an estimated price of approximately £181,423.
20 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £85,000 | £96,423 | £181,423 |
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 | 106.929 % | £90,889 | £175,889 |
3 Month Average | 105.111 % | £89,343 | £174,343 |
6 Month Average | 130.192 % | £110,663 | £195,663 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £247,609 | £240,000 | 41 EUSTACE ROAD |
8 Dec 2023 | £216,657 | £210,000 | 19 VINCENT CLOSE |
31 Oct 2023 | £179,067 | £175,000 | 353 BRAMFORD LANE |
25 Sep 2023 | £194,283 | £190,000 | 287 BRAMFORD LANE |
5 Sep 2023 | £240,297 | £235,000 | 9 VINCENT CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 8 Dec 2014. Using an estimated price of £181,424 means this house is valued at £2,267 per sq meter (£210 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 | Criminal damage and arson | Under investigation | On or near Bramford Lane |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Bramford Lane |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramford Lane |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramford Lane |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Wallace Road |