£84,643
This estimated value is based upon the latest sale price for the house of £30,000 on 5 Jul 2002. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £30,000 | 5 Jul 2002 |
| £20,000 | 21 Jan 2000 |
| Terraced |
| Freehold |
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 July 2002 the House Price Index for NORFOLK was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £30,000 results in an estimated price of approximately £84,643.
| 5 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £30,000 | £54,643 | £84,643 |
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 | 172.099 % | £51,629 | £81,629 |
| 3 Month Average | 172.449 % | £51,734 | £81,734 |
| 6 Month Average | 207.561 % | £62,268 | £92,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £334,599 | £327,000 | 11 THE GREEN |
| 23 Jun 2023 | £331,850 | £325,200 | 16 BACK STREET |
| 21 Apr 2023 | £254,765 | £250,000 | 5 FAKENHAM ROAD |
| 23 Jan 2023 | £436,165 | £435,000 | 20 BACK STREET |
| 28 Jul 2022 | £385,866 | £382,000 | 9 FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Fakenham Road | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Fakenham Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Fakenham Road |
| Jul 2024 | Other theft | Under investigation | On or near Back Lane |
| Jun 2024 | Other theft | Under investigation | On or near Winston Drive |