£421,452
This estimated value is based upon the latest sale price for the house of £375,000 on 31 Aug 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £375,000 | 31 Aug 2021 |
| £190,000 | 10 Feb 2006 |
| £67,500 | 5 Dec 1997 |
| £65,250 | 30 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2021 the House Price Index for ESSEX was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £375,000 results in an estimated price of approximately £421,452.
| 31 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £375,000 | £46,452 | £421,452 |
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 | 23.102 % | £86,631 | £461,631 |
| 3 Month Average | -0.341 % | £-1,278 | £373,721 |
| 6 Month Average | 1.485 % | £5,567 | £380,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £166,445 | £165,000 | 7 KING COLE PLACE |
| 14 Sep 2023 | £332,326 | £325,000 | 8 RIPPLE WAY |
| 17 Mar 2023 | £191,193 | £188,000 | 6 FIDDLERS HOUSE IPSWICH ROAD |
| 30 Nov 2022 | £175,181 | £176,000 | 28 SUFFOLK CLOSE |
| 8 Jul 2022 | £176,771 | £175,000 | 30 SUFFOLK CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 27 May 2021. Using an estimated price of £421,453 means this house is valued at £4,390 per sq meter (£407 per sq foot).
The average size of a house on BROADLANDS WAY is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King Cole Place |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Suffolk Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Suffolk Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Grenfell Close |
| Jun 2024 | Anti-social behaviour | On or near Rayleigh Close |