£260,243
This estimated value is based upon the latest sale price for the house of £210,000 on 18 Jul 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £210,000 | 18 Jul 2018 |
| £132,500 | 19 Aug 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in July 2018 the House Price Index for ESSEX was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £210,000 results in an estimated price of approximately £260,243.
| 18 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £210,000 | £50,243 | £260,243 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | -1.523 % | £-3,198 | £206,801 |
| 3 Month Average | 1.671 % | £3,509 | £213,509 |
| 6 Month Average | 11.660 % | £24,486 | £234,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £103,898 | £102,500 | 26 SUFFOLK CLOSE |
| 30 Nov 2022 | £173,894 | £176,000 | 28 SUFFOLK CLOSE |
| 8 Jul 2022 | £175,472 | £175,000 | 30 SUFFOLK CLOSE |
| 27 May 2022 | £178,361 | £175,000 | 26A SUFFOLK CLOSE |
| 19 May 2022 | £285,377 | £280,000 | 215 IPSWICH ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 1 Oct 2015. Using an estimated price of £260,244 means this house is valued at £3,771 per sq meter (£350 per sq foot).
The average size of a house on GORING ROAD is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Suffolk Close |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Suffolk Close |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Suffolk Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valentines Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edison Gardens |