£244,949
This estimated value is based upon the latest sale price for the house of £143,950 on 2 Oct 2006. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£143,950 | 2 Oct 2006 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 2006 the House Price Index for NORFOLK was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £143,950 results in an estimated price of approximately £244,949.
2 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.163 % | £143,950 | £100,999 | £244,949 |
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 | 68.036 % | £97,938 | £241,888 |
3 Month Average | 70.067 % | £100,861 | £244,811 |
6 Month Average | 58.503 % | £84,215 | £228,165 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £247,609 | £240,000 | 72 LAKENHAM ROAD |
23 Nov 2023 | £225,730 | £220,000 | 420 HALL ROAD |
23 Nov 2023 | £162,115 | £158,000 | 94 LAKENHAM ROAD |
18 Oct 2023 | £230,229 | £225,000 | 67 SCARLET ROAD |
13 Sep 2023 | £255,635 | £250,000 | 31 SCARLET ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 17 Jul 2020. Using an estimated price of £244,949 means this house is valued at £2,951 per sq meter (£274 per sq foot).
The average size of a house on SCARLET ROAD is 81 sq meters (877 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Scarlet Road |
Jul 2024 | Anti-social behaviour | On or near Scarlet Road | |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Scarlet Road |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Scarlet Road |
Apr 2024 | Anti-social behaviour | On or near Scarlet Road |