£560,400
This estimated value is based upon the latest sale price for the house of £342,500 on 25 Oct 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£342,500 | 25 Oct 2013 |
£249,000 | 3 Jun 2004 |
£205,000 | 22 Feb 2001 |
£140,000 | 26 Apr 1999 |
£120,000 | 19 Dec 1996 |
Detached |
Freehold |
Floor Area: 157 sq meters or 1,689 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 October 2013 the House Price Index for SUFFOLK was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £342,500 results in an estimated price of approximately £560,400.
25 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 148.6 | 63.621 % | £342,500 | £217,900 | £560,400 |
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 | 35.938 % | £123,088 | £465,588 |
3 Month Average | 67.833 % | £232,328 | £574,828 |
6 Month Average | 54.539 % | £186,796 | £529,296 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2023 | £506,131 | £500,000 | 17 PADDOCKS DRIVE |
27 Apr 2023 | £844,088 | £835,000 | 6 ROBIN HATCH |
4 Apr 2023 | £909,745 | £899,950 | 3 ROBIN HATCH |
29 Mar 2023 | £499,708 | £495,000 | 33 SELWYN CLOSE |
17 Aug 2022 | £474,273 | £475,550 | 86 CROCKFORDS ROAD |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 21 Mar 2013. Using an estimated price of £560,400 means this house is valued at £3,569 per sq meter (£331 per sq foot).
The average size of a house on PADDOCKS DRIVE is 151 sq meters (1,633 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Bicycle theft | On or near Newmarket (Station) | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robin Hatch |
Feb 2024 | Anti-social behaviour | On or near Crockfords Road | |
Feb 2024 | Anti-social behaviour | On or near Crockfords Road | |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Selwyn Close |