£379,402
This estimated value is based upon the latest sale price for the house of £225,000 on 21 Mar 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 21 Mar 2013 |
| £182,000 | 10 Jun 2005 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORFOLK to estimate the market value.
When this house was purchased in March 2013 the House Price Index for NORFOLK was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £225,000 results in an estimated price of approximately £379,402.
| 21 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £225,000 | £154,402 | £379,402 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 7.885 % | £17,740 | £242,740 |
| 3 Month Average | 41.842 % | £94,143 | £319,143 |
| 6 Month Average | 45.190 % | £101,677 | £326,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £368,318 | £357,000 | 19 SWAFIELD RISE |
| 20 Oct 2023 | £409,296 | £400,000 | 25 HAMLET CLOSE |
| 9 Aug 2023 | £366,612 | £360,000 | 135 MUNDESLEY ROAD |
| 30 Jun 2023 | £382,669 | £375,000 | 17 HAMLET CLOSE |
| 23 Jun 2023 | £303,074 | £297,000 | 22 HAMLET CLOSE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 23 Nov 2012. Using an estimated price of £379,402 means this house is valued at £3,215 per sq meter (£298 per sq foot).
The average size of a house on SWAFIELD RISE is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harvey Drive |
| May 2024 | Drugs | Awaiting court outcome | On or near Hamlet Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crow Road |
| Jun 2024 | Anti-social behaviour | On or near Arnold Pitcher Close |