£374,722
This estimated value is based upon the latest sale price for the house of £227,950 on 4 Sep 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £227,950 | 4 Sep 2013 |
| £82,000 | 3 May 2000 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 September 2013 the House Price Index for NORFOLK was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £227,950 results in an estimated price of approximately £374,722.
| 4 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £227,950 | £146,772 | £374,722 |
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 | 24.710 % | £56,327 | £284,277 |
| 3 Month Average | 29.765 % | £67,849 | £295,799 |
| 6 Month Average | 46.956 % | £107,036 | £334,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £126,619 | £125,000 | 5 THOMAS DIX COURT |
| 20 Sep 2023 | £263,367 | £260,000 | 28 LOUIS ARTHUR COURT NEW ROAD |
| 29 Aug 2023 | £578,057 | £573,000 | EASTGATE, 8 NEW ROAD |
| 23 Jun 2023 | £212,575 | £210,000 | 56 HALL LANE |
| 31 Mar 2023 | £307,901 | £305,000 | 20 NEW ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 15 May 2012. Using an estimated price of £374,723 means this house is valued at £3,375 per sq meter (£313 per sq foot).
The average size of a house on NEW ROAD is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near New Road | |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near New Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near New Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |