£225,573
This estimated value is based upon the latest sale price for the house of £167,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£167,000 | 31 Mar 2016 |
£114,000 | 31 Mar 2009 |
Semi-Detached |
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 March 2016 the House Price Index for SUFFOLK was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £167,000 results in an estimated price of approximately £225,573.
31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £167,000 | £58,573 | £225,573 |
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 | 27.300 % | £45,591 | £212,591 |
3 Month Average | 28.828 % | £48,142 | £215,142 |
6 Month Average | 33.948 % | £56,692 | £223,692 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2023 | £203,921 | £202,000 | 636 BRAMFORD ROAD |
30 Jan 2023 | £193,090 | £194,000 | 46 MIMAS WAY |
20 Oct 2022 | £217,656 | £220,000 | 11 WEAVER CLOSE |
22 Aug 2022 | £239,854 | £240,500 | 69 MIMAS WAY |
10 Aug 2022 | £166,552 | £167,000 | 576 BRAMFORD ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 20 Feb 2020. Using an estimated price of £225,573 means this house is valued at £3,269 per sq meter (£303 per sq foot).
The average size of a house on BRAMFORD ROAD is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spinner Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Spinner Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Weaver Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Weaver Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Weaver Close |