£590,320
This estimated value is based upon the latest sale price for the house of £410,000 on 27 Aug 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £410,000 | 27 Aug 2015 |
| £386,000 | 26 Nov 2007 |
| £169,950 | 24 Jan 2003 |
| £132,500 | 13 Sep 2000 |
| £96,000 | 30 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 August 2015 the House Price Index for SUFFOLK was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £410,000 results in an estimated price of approximately £590,320.
| 27 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £410,000 | £180,320 | £590,320 |
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 | 1.967 % | £8,062 | £418,062 |
| 3 Month Average | 4.509 % | £18,486 | £428,486 |
| 6 Month Average | 15.671 % | £64,249 | £474,249 |
| 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 159 sq meters or 1,711 sq feet when measured on 26 Jun 2014. Using an estimated price of £590,321 means this house is valued at £3,712 per sq meter (£344 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 |