£405,583
This estimated value is based upon the latest sale price for the house of £263,500 on 16 Jul 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£263,500 | 16 Jul 2014 |
£249,950 | 21 Oct 2005 |
Detached |
Freehold |
Floor Area: 155 sq meters or 1,668 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 2014 the House Price Index for NORFOLK was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £263,500 results in an estimated price of approximately £405,583.
16 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £263,500 | £142,083 | £405,583 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | 53.154 % | £140,061 | £403,561 |
3 Month Average | 41.151 % | £108,433 | £371,933 |
6 Month Average | 47.053 % | £123,984 | £387,484 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £307,814 | £300,000 | 12 TEASEL CLOSE |
23 Jun 2023 | £454,100 | £445,000 | 6 BLACKBERRY CLOSE |
2 Feb 2023 | £302,017 | £300,000 | 23 WHEATCROFT WAY |
14 Jul 2022 | £366,169 | £362,500 | 1 WHEATCROFT WAY |
27 Jun 2022 | £316,771 | £310,000 | 8 WHEATCROFT WAY |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 31 Dec 2013. Using an estimated price of £405,583 means this house is valued at £2,616 per sq meter (£243 per sq foot).
The average size of a house on BLACKBERRY CLOSE is 151 sq meters (1,632 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Blackberry Close |
Jul 2024 | Anti-social behaviour | On or near Wheatcroft Way | |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wheatcroft Way |
Apr 2024 | Anti-social behaviour | On or near Campion Road | |
Apr 2024 | Anti-social behaviour | On or near Campion Road |