£793,039
This estimated value is based upon the latest sale price for the house of £141,000 on 24 Feb 1995. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £141,000 | 24 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 280 sq meters or 3,018 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 February 1995 the House Price Index for NORFOLK was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.439%.Applying this 462.439% change to the original purchase price of £141,000 results in an estimated price of approximately £793,039.
| 24 Feb 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 462.439 % | £141,000 | £652,039 | £793,039 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | 325.290 % | £458,659 | £599,659 |
| 3 Month Average | 313.094 % | £441,462 | £582,462 |
| 6 Month Average | 285.123 % | £402,024 | £543,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £264,057 | £260,000 | 1 LEOPOLD ROAD |
| 12 Mar 2024 | £304,681 | £300,000 | 18 BELVEDERE PLACE |
| 7 Mar 2024 | £914,043 | £900,000 | 1 UPTON ROAD |
| 1 Dec 2023 | £484,900 | £470,000 | 4 LEOPOLD ROAD |
| 13 Nov 2023 | £423,244 | £412,500 | 16 LEOPOLD CLOSE |
This house has a floor area of 280 sq meters or 3,018 sq feet when measured on 16 Sep 2011. Using an estimated price of £793,039 means this house is valued at £2,828 per sq meter (£262 per sq foot).
The average size of a house on NEWMARKET ROAD is 244 sq meters (2,634 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Belvedere Place | |
| May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Belvedere Place |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Belvedere Place |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Newmarket Road |
| Jun 2024 | Anti-social behaviour | On or near Kinver Close |