£233,304
This estimated value is based upon the latest sale price for the house of £183,000 on 19 Jul 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £183,000 | 19 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 2017 the House Price Index for NORFOLK was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £183,000 results in an estimated price of approximately £233,304.
| 19 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £183,000 | £50,304 | £233,304 |
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 | 9.515 % | £17,411 | £200,411 |
| 3 Month Average | 11.808 % | £21,608 | £204,608 |
| 6 Month Average | 23.990 % | £43,902 | £226,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £243,607 | £240,000 | 11 GROVE ROAD |
| 29 Sep 2023 | £146,878 | £145,000 | 6 POUND ROAD |
| 29 Sep 2023 | £126,619 | £125,000 | 5 THOMAS DIX COURT |
| 20 Sep 2023 | £263,367 | £260,000 | 28 LOUIS ARTHUR COURT NEW ROAD |
| 23 Jun 2023 | £212,575 | £210,000 | 56 HALL LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 23 Jul 2016. Using an estimated price of £233,305 means this house is valued at £3,069 per sq meter (£285 per sq foot).
The average size of a house on POUND ROAD is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pound Road |
| Apr 2024 | Public order | Awaiting court outcome | On or near Pound Road |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Pound Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pound Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Pound Road |