2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE

Semi-detached
3
1335 sq ft
18.3%
PROPERTY VALUATION
£
Last sold: November 2020
INVESTMENT PERFORMANCE
Investment return: 6.1% per year throughout 2010 - 2020
PRICE CHANGE
£81,750
Percentage change: +18.3%
REFINE VALUATION

Property summary Last updated: 03/05/2024

Last updated: 03/05/2024

2 Church Lane, Dalham is a 3 bedroom semi-detached house spread over 1,335 square feet, making it one of the smaller properties here - it is ranked as the 4th most expensive property* in CB8 8TE, with a valuation of £528,000.

Since it last sold in November 2020 for £446,250, its value has increased by £81,750.

House floorplan
Semi-detached houses across CB8 8 have been selling for £320 per square foot.

We expect this property to be in poor condition (or is significantly less desirable for some other reason) based on its price per square foot; it is currently valued at £395 per square foot.

  • This property is the most recently recorded sale in CB8 8TE.
  • The average current property value here is £1,373,000.
  • Only one property has sold in CB8 8TE over the last 5 years.
  • 19 semi-detached houses have sold at an average price of £339,000 in CB8 8 over the last 12 months.
Recent sales
Searching for recent sales near here

Expected property condition

At a sale price of £528k, we expect this property to be in a significantly worse condition than the neighbouring properties in the road.

As it has a lower cost per square foot than other properties in the road, we think it is more likely to be in a worse condition than the other properties here.

However, a lower CPSF can also be caused by a low quality extension (or conservatory), a smaller garden, a lack of parking or if the property was previously sold through a partial ownership scheme etc.

Update property condition

At a valuation of £528k this property has a cost per square foot of £395 - this is substantially less than the average for the area (which is currently £497).

18%
This property has increased in price by 18% since it last sold 3 years ago.
62%
This property is 62% less expensive than average in Church Lane, CB8 8TE.

Sale history

The most paid for a property in Church Lane, CB8 8TE was £2,500,000 in 2014.

Date Price Change
Today's value* £528,000 18.3%
30 Nov 2020 £446,250 81.4%
23 Nov 2010 £246,000 72.0%
Investment Performance
Annual change: 6.1%

The previous owner had the property for 10 years, having purchased it in November 2010 for £246,000.

During this time, the price rose by £200,250 (81.4%), which equates to it increasing in value by 6.1% each year.

The property turned out to be a really good investment for the previous owner.

The local market - Church Lane, CB8 8TE

  • The average property value here is £1,373,000.
    • Valuations range from £528,000 to £3,612,000.
  • Church Lane has 3 postcodes associated with it.
    • The average price of property in Church Lane is £1,372,750.
    • Property in Church Lane typically sells for between £422 and £572 per square foot.
    • Properties in Church Lane are currently valued at an average cost per square foot of £497.
2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE
2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE
2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE
2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE
2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE
2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE
2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE
2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE
2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE
2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE

Valuation details

2 Church Lane, Dalham has increased in price by £81,750 since it last sold in 2020 - this equates to a 5% rise each year.

At its last energy performance certificate inspection, it got a below average rating for this postcode with a score of 26 out of 100.

On a cost per square foot basis, this property is valued the same as the other houses in this postcode.

Essential info

  • 3 bedroom freehold semi-detached house
  • 1,335 square feet
  • 50% smaller than the average property in this postcode
  • 62% less expensive than the average here

This property is currently valued at £395 per square foot - the average cost per square foot for this postcode is £395.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £607,000.

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £504k and £552k.

  • The property turned out to be a really good investment for the previous owner - returning on average 6.1% per annum.

PropertyValuation
2 Church Lane, Dalham, Newmarket, West Suffolk, Suffolk, CB8 8TE 2 Church Lane, Dalham
3 bed | 1335 sq. ft.
£528,000
3 Church Lane, Dalham, Newmarket, Forest Heath, Suffolk, CB8 8TE 3 Church Lane, Dalham
3 bed | 1744 sq. ft.
£628,000
Tanglewood, 1, Church Lane, Dalham, Newmarket, Forest Heath, Suffolk, CB8 8TE Tanglewood, 1, Church Lane
4 bed
£723,000
The Old Rectory, Church Lane
4898 sq.ft.
£3,612,000
OFFERS EXPECTED TO BE IN THE REGION OF:
£504k - £552k

Most likely sale price: £528k

Tell us about the condition of the property to get a more accurate valuation.

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for.

** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.