£420,777
This estimated value is based upon the latest sale price for the house of £249,070 on 17 Nov 2006. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £249,070 | 17 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,937 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 November 2006 the House Price Index for NORFOLK was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £249,070 results in an estimated price of approximately £420,777.
| 17 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £249,070 | £171,707 | £420,777 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 87.064 % | £216,850 | £465,920 |
| 3 Month Average | 52.958 % | £131,901 | £380,971 |
| 6 Month Average | 69.589 % | £173,325 | £422,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £168,719 | £165,000 | 16 FAYREGREEN |
| 16 Nov 2022 | £263,767 | £265,000 | 6 HEATH RISE |
| 26 Aug 2022 | £302,524 | £301,109 | 12 HEATH RISE |
| 16 Jun 2022 | £212,543 | £208,000 | 96 NORWICH ROAD |
| 13 May 2022 | £205,350 | £200,000 | 10 RIVER VIEW CLOSE |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 24 Sep 2015. Using an estimated price of £420,778 means this house is valued at £2,337 per sq meter (£217 per sq foot).
The average size of a house on NORWICH ROAD is 115 sq meters (1,242 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Wensum Way | |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wensum Way |
| Jun 2024 | Anti-social behaviour | On or near Wensum Way | |
| May 2024 | Anti-social behaviour | On or near Norwich Road | |
| May 2024 | Anti-social behaviour | On or near Norwich Road |