£354,456
This estimated value is based upon the latest sale price for the house of £124,000 on 28 Jun 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £124,000 | 28 Jun 2002 |
| £54,000 | 7 Feb 1997 |
| £59,000 | 17 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 June 2002 the House Price Index for ESSEX was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £124,000 results in an estimated price of approximately £354,456.
| 28 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £124,000 | £230,456 | £354,456 |
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 | 140.970 % | £174,803 | £298,803 |
| 3 Month Average | 127.094 % | £157,596 | £281,596 |
| 6 Month Average | 173.337 % | £214,937 | £338,937 |
| 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 88 sq meters or 947 sq feet when measured on 14 Sep 2018. Using an estimated price of £354,456 means this house is valued at £4,027 per sq meter (£374 per sq foot).
The average size of a house on IPSWICH ROAD is 105 sq meters (1,137 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Cole Place |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near King Cole Place |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Suffolk Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Suffolk Close |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Suffolk Close |