£176,207
This estimated value is based upon the latest sale price for the house of £173,500 on 27 Mar 2024. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been two burglaries within the last year on or near Mumford Road
More crime details
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| Price Paid | Date |
|---|---|
| £173,500 | 27 Mar 2024 |
| Terraced |
| 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 March 2024 the House Price Index for SUFFOLK was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £173,500 results in an estimated price of approximately £176,207.
| 27 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £173,500 | £2,707 | £176,207 |
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 | 39.402 % | £68,362 | £241,862 |
| 3 Month Average | 35.985 % | £62,434 | £235,934 |
| 6 Month Average | 13.139 % | £22,796 | £196,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £176,207 | £173,500 | 417 BRAMFORD LANE |
| 19 Dec 2023 | £143,407 | £139,000 | 137 WALLACE ROAD |
| 13 Dec 2023 | £124,836 | £121,000 | 425 BRAMFORD LANE |
| 20 Oct 2023 | £173,951 | £170,000 | 367 BRAMFORD LANE |
| 22 Jun 2023 | £112,249 | £110,000 | 141 WALLACE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Mumford Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Mumford Road |
| Jun 2024 | Public order | Under investigation | On or near Mumford Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wallace Road |
| Aug 2024 | Anti-social behaviour | On or near Shafto Road |