Full Address

51 WESTBURY ROAD
IPSWICH
IPSWICH
SUFFOLK
UNITED KINGDOM
IP4 4RF

Estimated Market Value

£310,000

This estimated value is based upon the latest sale price for the house of £310,000 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK1

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Transactions for this house
Price PaidDate
£310,0007 Jun 2019
£155,0007 Jul 2003
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.

When this house was purchased in June 2019 the House Price Index for SUFFOLK was 124.8.

The House Price Index as of 1 Jun 2019 is 124.8 which is a change of 0.000%.

Applying this 0.000% change to the original purchase price of £310,000 gives us an estimated price now of around £310,000.

7 Jun 2019 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
124.8 124.8 0.000 % £310,000 £0 £310,000

The Postcode Pricing Model uses changes in average sales price within the IP4 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 59.753 % £185,234 £495,234
3 Month Average 5.955 % £18,459 £328,459
6 Month Average -3.742 % £-11,599 £298,400

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In June 2019 the average sale price for the 50 nearest sales within two miles of 51 WESTBURY ROAD was £187,114.

In October 2019 the average sale price for the 50 nearest sales was £241,456. This is a change of 29.042%.

So taking the original purchase price of £310,000 and adjusting it by 29.042% gives an estimated price of £400,031.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 7 Jun 2019 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£187,114 £241,456 29.042 % £310,000 £90,031 £400,031
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
22 Aug 2019 £290,000 £290,000 37 LEOPOLD ROAD
9 Jul 2019 £210,000 £210,000 84 LEOPOLD ROAD
7 Jun 2019 £310,000 £310,000 51 WESTBURY ROAD
3 Jun 2019 £170,000 £170,000 32 LEOPOLD ROAD
28 Jan 2019 £360,887 £360,000 9 GLENHURST AVENUE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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