£188,941
This estimated value is based upon the latest sale price for the house of £111,000 on 9 Jul 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £111,000 | 9 Jul 2012 |
| £110,000 | 31 Oct 2008 |
| Flats/Maisonettes |
| Leasehold |
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 July 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £111,000 results in an estimated price of approximately £188,941.
| 9 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £111,000 | £77,941 | £188,941 |
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 | 67.033 % | £74,406 | £185,406 |
| 3 Month Average | 45.200 % | £50,172 | £161,172 |
| 6 Month Average | 63.552 % | £70,543 | £181,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £329,209 | £325,000 | 8 RIPPLE WAY |
| 8 Aug 2023 | £181,589 | £180,000 | 14 RAYLEIGH CLOSE |
| 15 Jun 2023 | £273,311 | £270,000 | 96 BROADLANDS WAY |
| 17 Mar 2023 | £189,788 | £188,000 | 6 FIDDLERS HOUSE IPSWICH ROAD |
| 17 Jun 2022 | £299,229 | £295,000 | 20 RIPPLE WAY |
| 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 | Under investigation | On or near Rayleigh Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rayleigh Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rayleigh Close |