£229,741
This estimated value is based upon the latest sale price for the house of £147,000 on 29 Nov 2007. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £147,000 | 29 Nov 2007 |
| £65,500 | 16 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 November 2007 the House Price Index for NORFOLK was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £147,000 results in an estimated price of approximately £229,741.
| 29 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £147,000 | £82,741 | £229,741 |
The Postcode Pricing Model uses changes in average sales price within the NR27 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 | 39.227 % | £57,664 | £204,664 |
| 3 Month Average | 74.374 % | £109,329 | £256,329 |
| 6 Month Average | 60.558 % | £89,019 | £236,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £236,770 | £232,500 | 147 MILL ROAD |
| 30 Jun 2023 | £346,953 | £340,000 | 62 MILL ROAD |
| 31 Mar 2023 | £166,785 | £164,000 | 38 SALISBURY ROAD |
| 13 Jan 2023 | £200,536 | £200,000 | 1 EMBANKMENT JUBILEE LANE |
| 20 Oct 2022 | £433,552 | £435,000 | 5 BRIDGE CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 Feb 2015. Using an estimated price of £229,742 means this house is valued at £3,329 per sq meter (£309 per sq foot).
The average size of a house on NORWICH ROAD is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hartington Road |
| Jun 2024 | Anti-social behaviour | On or near Ridge Way | |
| Jun 2024 | Anti-social behaviour | On or near Ridge Way | |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Reeve Place |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynewood Close |