£395,673
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Mar 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £230,000 | 15 Mar 2011 |
| £126,000 | 15 Aug 2001 |
| £109,950 | 7 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 March 2011 the House Price Index for ESSEX was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £230,000 results in an estimated price of approximately £395,673.
| 15 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £230,000 | £165,673 | £395,673 |
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 | 75.421 % | £173,468 | £403,468 |
| 3 Month Average | 55.688 % | £128,082 | £358,082 |
| 6 Month Average | 82.048 % | £188,710 | £418,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £275,826 | £271,000 | 90 IPSWICH ROAD |
| 22 Nov 2023 | £114,191 | £112,500 | FLAT 1 96 IPSWICH ROAD |
| 5 Sep 2023 | £111,425 | £110,000 | 94C IPSWICH ROAD |
| 28 Jun 2023 | £151,839 | £150,000 | 6 ORCHARD GARDENS |
| 6 Jun 2023 | £81,993 | £81,000 | 10 ORCHARD GARDENS |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 24 Mar 2010. Using an estimated price of £395,673 means this house is valued at £3,440 per sq meter (£319 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 | Under investigation | On or near Ratcliffe Court |
| Jan 2024 | Other theft | Under investigation | On or near Ratcliffe Court |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Ratcliffe Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ratcliffe Court |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ratcliffe Court |