£176,721
This estimated value is based upon the latest sale price for the house of £163,500 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£163,500 | 18 Jun 2021 |
£107,000 | 1 Jun 2012 |
£124,750 | 20 Jul 2007 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 June 2021 the House Price Index for SUFFOLK was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £163,500 results in an estimated price of approximately £176,721.
18 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £163,500 | £13,221 | £176,721 |
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 | -25.182 % | £-41,171 | £122,328 |
3 Month Average | -11.843 % | £-19,364 | £144,135 |
6 Month Average | -1.694 % | £-2,769 | £160,730 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2024 | £250,000 | £250,000 | 659 BRAMFORD ROAD |
18 Jun 2024 | £280,000 | £280,000 | 647 BRAMFORD ROAD |
17 Jun 2024 | £200,000 | £200,000 | 677 BRAMFORD ROAD |
19 Dec 2023 | £183,127 | £177,500 | 81 HENNIKER ROAD |
30 Nov 2023 | £143,646 | £140,000 | 35 HENNIKER ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Dec 2021. Using an estimated price of £176,722 means this house is valued at £2,561 per sq meter (£237 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Adair Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adair Road |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Adair Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adair Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adair Road |