£552,202
This estimated value is based upon the latest sale price for the house of £547,000 on 15 Mar 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Malcolm Way
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| Price Paid | Date |
|---|---|
| £547,000 | 15 Mar 2023 |
| £340,000 | 19 Oct 2006 |
| Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 March 2023 the House Price Index for SUFFOLK was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £547,000 results in an estimated price of approximately £552,202.
| 15 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £547,000 | £5,202 | £552,202 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | 15.381 % | £84,136 | £631,136 |
| 3 Month Average | 24.923 % | £136,331 | £683,331 |
| 6 Month Average | 3.659 % | £20,012 | £567,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £541,929 | £535,000 | ALBION LODGE FORDHAM ROAD |
| 24 Mar 2023 | £752,086 | £745,000 | 10 BALATON PLACE |
| 15 Mar 2023 | £552,202 | £547,000 | 12 BROOKFIELDS CLOSE |
| 18 May 2022 | £504,506 | £495,000 | SEFTON COTTAGE SNAILWELL ROAD |
| 8 Apr 2022 | £583,896 | £567,000 | 1 FERNDALE CLOSE |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 11 Dec 2013. Using an estimated price of £552,202 means this house is valued at £2,803 per sq meter (£260 per sq foot).
The average size of a house on BROOKFIELDS CLOSE is 163 sq meters (1,763 sq feet).
This house is the largest in the street with a floor area of 197 sq meters (2,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Malcolm Way |
| Jan 2024 | Burglary | Under investigation | On or near Malcolm Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brewers Lane |
| Mar 2024 | Public order | Under investigation | On or near Brewers Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brewers Lane |