£222,757
This estimated value is based upon the latest sale price for the house of £151,500 on 29 May 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £151,500 | 29 May 2015 |
| £126,250 | 19 May 2005 |
| £93,500 | 29 Jan 2004 |
| £39,000 | 12 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 sq feet |
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 May 2015 the House Price Index for SUFFOLK was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £151,500 results in an estimated price of approximately £222,757.
| 29 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £151,500 | £71,257 | £222,757 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 27.924 % | £42,305 | £193,805 |
| 3 Month Average | 57.201 % | £86,659 | £238,159 |
| 6 Month Average | 44.710 % | £67,735 | £219,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £230,072 | £225,000 | 23 ESSEX AVENUE |
| 24 Feb 2022 | £242,985 | £230,000 | 36 ESSEX AVENUE |
| 21 Jan 2022 | £217,341 | £205,000 | 41 ESSEX AVENUE |
| 29 Oct 2021 | £206,214 | £185,000 | 4 HAWKINS ROAD |
| 28 Aug 2020 | £211,390 | £175,000 | 25 ESSEX AVENUE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 13 Jan 2015. Using an estimated price of £222,757 means this house is valued at £3,137 per sq meter (£291 per sq foot).
The average size of a house on ESSEX AVENUE is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near Essex Avenue |
| Apr 2024 | Anti-social behaviour | On or near Essex Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Essex Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Essex Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Essex Avenue |