£283,903
This estimated value is based upon the latest sale price for the house of £183,000 on 28 Nov 2007. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Rutland Street
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Price Paid | Date |
---|---|
£183,000 | 28 Nov 2007 |
£134,950 | 8 Mar 2004 |
£62,000 | 1 Oct 1999 |
£47,000 | 14 Aug 1997 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 2007 the House Price Index for NORFOLK was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £183,000 results in an estimated price of approximately £283,903.
28 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 148.6 | 55.138 % | £183,000 | £100,903 | £283,903 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 42.538 % | £77,844 | £260,844 |
3 Month Average | 55.717 % | £101,962 | £284,962 |
6 Month Average | 51.686 % | £94,585 | £277,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £235,486 | £232,000 | 20 RUTLAND STREET |
16 Nov 2023 | £282,178 | £278,000 | 25 GLOUCESTER STREET |
15 Nov 2023 | £279,133 | £275,000 | 22 CHESTER STREET |
28 Sep 2023 | £298,821 | £295,000 | 27 GLOUCESTER STREET |
26 Jun 2023 | £442,611 | £437,250 | 6 CHESTER STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 Sep 2021. Using an estimated price of £283,903 means this house is valued at £3,639 per sq meter (£338 per sq foot).
The average size of a house on RUTLAND STREET is 85 sq meters (920 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Unable to prosecute suspect | On or near Rutland Street |