£415,374
This estimated value is based upon the latest sale price for the house of £330,000 on 26 Feb 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £330,000 | 26 Feb 2018 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 £330,000 results in an estimated price of approximately £415,374.
| 26 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £330,000 | £85,374 | £415,374 |
The Postcode Pricing Model uses changes in average sales price within the NR26 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 | -3.678 % | £-12,137 | £317,862 |
| 3 Month Average | 9.875 % | £32,588 | £362,588 |
| 6 Month Average | 32.310 % | £106,622 | £436,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £365,000 | £365,000 | 30 HOLWAY ROAD |
| 8 Sep 2023 | £258,703 | £253,000 | 14 GARDEN ROAD |
| 29 Aug 2023 | £224,041 | £220,000 | 5 EDGEBROOK COURT HOLWAY ROAD |
| 26 Jun 2023 | £316,339 | £310,000 | 4 MORLEY ROAD |
| 4 Nov 2022 | £323,487 | £325,000 | 1 EDGEBROOK |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 31 Oct 2017. Using an estimated price of £415,374 means this house is valued at £5,192 per sq meter (£482 per sq foot).
The average size of a house on MORLEY ROAD is 108 sq meters (1,163 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Edgebrook |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Jun 2024 | Anti-social behaviour | On or near Younger Drive | |
| Jun 2024 | Anti-social behaviour | On or near Younger Drive | |
| Apr 2024 | Anti-social behaviour | On or near Younger Drive |