£1,490,334
This estimated value is based upon the latest sale price for the house of £245,000 on 5 Oct 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£245,000 | 5 Oct 2023 |
£232,000 | 4 Aug 2022 |
£137,000 | 25 Jun 2004 |
£73,500 | 22 Jun 2001 |
Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 October 2023 the House Price Index for NORFOLK was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £245,000 results in an estimated price of approximately £1,490,334.
5 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 148.6 | 508.300 % | £245,000 | £1,245,334 | £1,490,334 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | -25.167 % | £-61,659 | £183,340 |
3 Month Average | -24.579 % | £-60,218 | £184,781 |
6 Month Average | -15.355 % | £-37,618 | £207,381 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £253,065 | £250,000 | 7 HEMMINGS CLOSE |
12 Aug 2022 | £204,450 | £205,000 | 5 SWAFIELD STREET |
25 Apr 2022 | £168,887 | £164,000 | 103 SWAFIELD STREET |
25 Mar 2022 | £196,890 | £190,000 | 6 HEMMINGS CLOSE |
8 Mar 2021 | £116,125 | £104,325 | 3 SWAFIELD STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 23 Oct 2009.
The average size of a house on HEMMINGS CLOSE is 66 sq meters (714 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hemmings Close |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Wendene |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swafield Street |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Swafield Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swafield Street |