£368,897
This estimated value is based upon the latest sale price for the house of £240,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 27 Jun 2014 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 June 2014 the House Price Index for NORFOLK was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £240,000 results in an estimated price of approximately £368,897.
| 27 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £240,000 | £128,897 | £368,897 |
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 | 21.736 % | £52,165 | £292,165 |
| 3 Month Average | 49.515 % | £118,836 | £358,836 |
| 6 Month Average | 60.373 % | £144,894 | £384,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £420,000 | £420,000 | 11 PLUMBLY CLOSE |
| 25 Sep 2023 | £324,145 | £320,000 | 24 LONG BARROW DRIVE |
| 3 Apr 2023 | £381,609 | £377,500 | 16 LONG BARROW DRIVE |
| 13 Mar 2023 | £378,567 | £375,000 | 50 LONG BARROW DRIVE |
| 10 Jun 2022 | £294,157 | £290,000 | 41 THIRLBY ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 27 Feb 2014. Using an estimated price of £368,898 means this house is valued at £3,293 per sq meter (£305 per sq foot).
The average size of a house on MILL ROAD is 151 sq meters (1,631 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Youngmans Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Youngmans Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Youngmans Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Youngmans Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Baker Close |