£222,488
This estimated value is based upon the latest sale price for the house of £180,000 on 24 Sep 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £180,000 | 24 Sep 2019 |
| £95,000 | 20 Apr 2009 |
| £39,000 | 25 Jan 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2019 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £180,000 results in an estimated price of approximately £222,488.
| 24 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £180,000 | £42,488 | £222,488 |
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 | 16.297 % | £29,335 | £209,335 |
| 3 Month Average | 11.437 % | £20,586 | £200,586 |
| 6 Month Average | 23.811 % | £42,860 | £222,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £151,314 | £150,000 | 654 BRAMFORD ROAD |
| 20 Mar 2023 | £205,431 | £202,000 | 636 BRAMFORD ROAD |
| 30 Jan 2023 | £194,520 | £194,000 | 46 MIMAS WAY |
| 20 Oct 2022 | £219,268 | £220,000 | 11 WEAVER CLOSE |
| 22 Aug 2022 | £241,630 | £240,500 | 69 MIMAS WAY |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Jun 2019. Using an estimated price of £222,488 means this house is valued at £3,047 per sq meter (£283 per sq foot).
The average size of a house on BRAMFORD ROAD is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near B1067 |
| Sep 2024 | Drugs | Under investigation | On or near B1067 |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near B1067 |
| Oct 2024 | Drugs | Under investigation | On or near Spinner Close |
| Oct 2024 | Anti-social behaviour | On or near Spinner Close |