£479,435
This estimated value is based upon the latest sale price for the house of £385,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£385,000 | 24 May 2019 |
£350,000 | 30 Sep 2016 |
£183,000 | 23 Apr 2004 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 May 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £385,000 results in an estimated price of approximately £479,435.
24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £385,000 | £94,435 | £479,435 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -8.910 % | £-34,302 | £350,697 |
3 Month Average | -12.031 % | £-46,318 | £338,681 |
6 Month Average | 0.021 % | £82 | £385,082 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jun 2024 | £186,000 | £186,000 | 37 DENHAM CLOSE |
31 Mar 2023 | £166,785 | £164,000 | 52 DENHAM CLOSE |
31 Jan 2023 | £145,388 | £145,000 | 90 DENHAM CLOSE |
13 Apr 2022 | £213,709 | £206,000 | 68 DENHAM CLOSE |
11 Feb 2022 | £153,186 | £145,000 | 88 DENHAM CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 16 May 2016. Using an estimated price of £479,436 means this house is valued at £5,100 per sq meter (£473 per sq foot).
The average size of a house on NEWMARKET ROAD is 129 sq meters (1,391 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Denham Close |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Shopping Area |