£511,796
This estimated value is based upon the latest sale price for the house of £315,000 on 26 Nov 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £315,000 | 26 Nov 2013 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,236 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 November 2013 the House Price Index for SUFFOLK was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £315,000 results in an estimated price of approximately £511,796.
| 26 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £315,000 | £196,796 | £511,796 |
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 | 2.830 % | £8,915 | £323,915 |
| 3 Month Average | 20.444 % | £64,399 | £379,399 |
| 6 Month Average | 38.943 % | £122,670 | £437,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £194,619 | £192,000 | 41 DENHAM CLOSE |
| 31 Mar 2023 | £165,560 | £164,000 | 52 DENHAM CLOSE |
| 31 Jan 2023 | £144,320 | £145,000 | 90 DENHAM CLOSE |
| 13 Apr 2022 | £212,139 | £206,000 | 68 DENHAM CLOSE |
| 11 Feb 2022 | £152,061 | £145,000 | 88 DENHAM CLOSE |
This house has a floor area of 114 sq meters or 1,236 sq feet when measured on 14 Sep 2010. Using an estimated price of £511,796 means this house is valued at £4,456 per sq meter (£414 per sq foot).
The average size of a house on NEWMARKET ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Denham Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Denham Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Supermarket |