3, WESTMINSTER CLOSE, IPSWICH, IP4 5EF - £72,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 WESTMINSTER CLOSE is a semi-detached house, which could now be worth an estimated £123,385. It was last sold for £72,500 in August 2008, which was around 52% below the average August 2008 semi-detached price in the Ipswich local authority area.

3 WESTMINSTER CLOSE Sold Prices

Land registry data shows two sales for 3 WESTMINSTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 3 WESTMINSTER CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 1 AUG	£72,500	£152,057	52% below HPI
2000 2 JUN	£39,000	£72,379	46% below HPI

What might 3 WESTMINSTER CLOSE be worth now?

3 WESTMINSTER CLOSE might now be worth an estimated £123,385.

This is based on house price inflation of 70.2%, between August 2008 and May 2026, for semi-detached houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.2% inflationary increase is applied to the most recent sale price for 3 WESTMINSTER CLOSE of £72,500 on 1st August 2008. For the value to have increased from £72,500 to £123,385 over the eighteen years and three months to May 2026, the following assumptions must hold true:

• The value of 3 WESTMINSTER CLOSE has moved in line with the HPI for semi-detached houses in the Ipswich local authority area.
• The August 2008 sale price of £72,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WESTMINSTER CLOSE has not materially changed since August 2008.

Where is 3 WESTMINSTER CLOSE?

3 WESTMINSTER CLOSE is located in IPSWICH, in the IP4 postcode district.