£145,853
This estimated value is based upon the latest sale price for the house of £31,000 on 31 Jul 1998. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £31,000 | 31 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 1998 the House Price Index for NORFOLK was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.495%.Applying this 370.495% change to the original purchase price of £31,000 results in an estimated price of approximately £145,853.
| 31 Jul 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.495 % | £31,000 | £114,853 | £145,853 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | 430.421 % | £133,430 | £164,430 |
| 3 Month Average | 420.341 % | £130,305 | £161,305 |
| 6 Month Average | 375.934 % | £116,539 | £147,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £107,440 | £105,000 | 2 BISHOP PELHAM COURT |
| 8 Sep 2023 | £168,719 | £165,000 | 9 ELLIS GARDENS |
| 4 Oct 2022 | £330,396 | £331,500 | 45 COLLEGE LANE |
| 18 Jul 2022 | £181,822 | £180,000 | 19 GERARD HUDSON GARDENS |
| 24 Jun 2022 | £204,369 | £200,000 | 3 COLLEGE LANE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 15 Aug 2019. Using an estimated price of £145,853 means this house is valued at £3,038 per sq meter (£282 per sq foot).
The average size of a house on ELLIS GARDENS is 57 sq meters (619 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near College Lane |
| Jul 2024 | Anti-social behaviour | On or near College Lane | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near College Lane |
| Jul 2024 | Anti-social behaviour | On or near College Lane | |
| Jun 2024 | Anti-social behaviour | On or near College Lane |