£334,288
This estimated value is based upon the latest sale price for the house of £245,000 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£245,000 | 29 Apr 2016 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 April 2016 the House Price Index for NORFOLK was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £245,000 results in an estimated price of approximately £334,288.
29 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £245,000 | £89,288 | £334,288 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 45.209 % | £110,761 | £355,761 |
3 Month Average | 19.937 % | £48,846 | £293,846 |
6 Month Average | 33.548 % | £82,193 | £327,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £458,986 | £455,000 | 3A CARDIFF ROAD |
2 Aug 2023 | £392,071 | £385,000 | 37 CARDIFF ROAD |
1 Aug 2023 | £310,602 | £305,000 | 15 SWANSEA ROAD |
30 Jun 2023 | £234,703 | £230,000 | 23 SWANSEA ROAD |
28 Jun 2023 | £287,767 | £282,000 | 20 SWANSEA ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 Feb 2016. Using an estimated price of £334,288 means this house is valued at £4,457 per sq meter (£414 per sq foot).
The average size of a house on SWANSEA ROAD is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Pembroke Road | |
May 2024 | Anti-social behaviour | On or near Pembroke Road | |
May 2024 | Anti-social behaviour | On or near Pembroke Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Avenue Road |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Avenue Road |