£763,469
This estimated value is based upon the latest sale price for the house of £690,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £690,000 | 29 Oct 2021 |
| £630,000 | 9 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 216 sq meters or 2,325 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 October 2021 the House Price Index for ESSEX was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £690,000 results in an estimated price of approximately £763,469.
| 29 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £690,000 | £73,469 | £763,469 |
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 | -12.181 % | £-84,048 | £605,951 |
| 3 Month Average | -12.185 % | £-84,074 | £605,925 |
| 6 Month Average | 0.621 % | £4,285 | £694,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £455,828 | £450,000 | 18 BARONIA CROFT |
| 1 Sep 2023 | £377,324 | £372,500 | 326 IPSWICH ROAD |
| 28 Jul 2023 | £1,013,643 | £1,000,000 | THUYA MYLAND HALL CHASE |
| 7 Jul 2023 | £633,527 | £625,000 | 8 BARONIA CROFT |
| 10 Mar 2023 | £883,322 | £875,000 | 9 SPRING CLOSE |
This house has a floor area of 216 sq meters or 2,325 sq feet when measured on 8 May 2019. Using an estimated price of £763,470 means this house is valued at £3,534 per sq meter (£328 per sq foot).
The average size of a house on IPSWICH ROAD is 105 sq meters (1,137 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ipswich Road |
| Mar 2024 | Anti-social behaviour | On or near Friars Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Friars Close |
| Jan 2024 | Anti-social behaviour | On or near Friars Close | |
| Jan 2024 | Anti-social behaviour | On or near Friars Close |