£261,666
This estimated value is based upon the latest sale price for the house of £170,000 on 14 Jul 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £170,000 | 14 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 July 2014 the House Price Index for SUFFOLK was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £170,000 results in an estimated price of approximately £261,666.
| 14 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £170,000 | £91,666 | £261,666 |
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 | 44.361 % | £75,414 | £245,414 |
| 3 Month Average | 46.438 % | £78,944 | £248,944 |
| 6 Month Average | 63.112 % | £107,289 | £277,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £261,642 | £255,000 | 549 BRAMFORD ROAD |
| 27 Oct 2023 | £211,811 | £207,000 | 88 SPROUGHTON ROAD |
| 13 Oct 2023 | £209,764 | £205,000 | 525 BRAMFORD ROAD |
| 8 Sep 2023 | £255,584 | £249,950 | 519 BRAMFORD ROAD |
| 25 Aug 2023 | £254,592 | £250,000 | 8 QUENTIN CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 Aug 2013. Using an estimated price of £261,667 means this house is valued at £3,354 per sq meter (£311 per sq foot).
The average size of a house on SPROUGHTON ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lime Tree Place |
| Jul 2024 | Drugs | Further action is not in the public interest | On or near Lime Tree Place |
| Jul 2024 | Anti-social behaviour | On or near Lime Tree Place | |
| Jul 2024 | Anti-social behaviour | On or near Lime Tree Place | |
| Jul 2024 | Anti-social behaviour | On or near Lime Tree Place |