£302,090
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Feb 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 12 Feb 2018 |
| £87,500 | 30 Jul 1999 |
| £45,000 | 26 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 February 2018 the House Price Index for NORFOLK was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £240,000 results in an estimated price of approximately £302,090.
| 12 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £240,000 | £62,090 | £302,090 |
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 | 23.969 % | £57,525 | £297,525 |
| 3 Month Average | 39.210 % | £94,103 | £334,103 |
| 6 Month Average | 16.314 % | £39,154 | £279,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £91,404 | £90,000 | ROSE COTTAGE DENTAL PRACTICE THE TERRACE |
| 22 Mar 2024 | £66,014 | £65,000 | 28 MARKET PLACE |
| 16 Oct 2023 | £230,229 | £225,000 | 24 KINGS ARMS STREET |
| 2 Oct 2023 | £38,371 | £37,500 | 1 BANK LOKE |
| 10 Aug 2023 | £305,510 | £300,000 | 27 GRAMMAR SCHOOL ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 12 Sep 2017. Using an estimated price of £302,090 means this house is valued at £2,456 per sq meter (£228 per sq foot).
There is one other house on the street which we know the size of, this is 4 THE TERRACE it is 172.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Market Place |
| Jul 2024 | Anti-social behaviour | On or near Market Place | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Market Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Market Place |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Nightclub |