£290,949
This estimated value is based upon the latest sale price for the house of £270,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£270,000 | 29 Sep 2021 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £270,000 results in an estimated price of approximately £290,949.
29 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £270,000 | £20,949 | £290,949 |
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 | 2.443 % | £6,595 | £276,595 |
3 Month Average | 4.096 % | £11,060 | £281,060 |
6 Month Average | 4.451 % | £12,018 | £282,018 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £455,828 | £450,000 | 42 CRAVEN DRIVE |
11 Aug 2023 | £290,542 | £288,000 | 17 BELMONT CRESCENT |
11 Aug 2023 | £378,310 | £375,000 | 6 GLENDALE GROVE |
10 Aug 2023 | £322,824 | £320,000 | 59 CHALFONT ROAD |
31 Mar 2023 | £310,929 | £308,000 | 63 CHALFONT ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 10 May 2019. Using an estimated price of £290,950 means this house is valued at £3,232 per sq meter (£300 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 | Anti-social behaviour | On or near A1232 | |
Feb 2024 | Anti-social behaviour | On or near A1232 | |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |