£294,054
This estimated value is based upon the latest sale price for the house of £238,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£238,000 | 15 Nov 2019 |
Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 2019 the House Price Index for NORFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £238,000 results in an estimated price of approximately £294,054.
15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £238,000 | £56,054 | £294,054 |
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 | 6.469 % | £15,397 | £253,397 |
3 Month Average | 1.323 % | £3,147 | £241,147 |
6 Month Average | 17.795 % | £42,351 | £280,351 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £310,000 | £310,000 | 45 SALMONS WAY |
20 Dec 2023 | £397,205 | £385,000 | 74 GWYN CRESCENT |
24 Mar 2023 | £322,892 | £317,500 | 1 SHELDRAKE CLOSE |
30 Aug 2022 | £371,738 | £370,000 | 85 GWYN CRESCENT |
28 Jan 2022 | £355,697 | £335,500 | 15 SHELDRAKE CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 8 Nov 2019. Using an estimated price of £294,055 means this house is valued at £3,973 per sq meter (£369 per sq foot).
The average size of a house on GWYN CRESCENT is 82 sq meters (888 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Offender given a caution | On or near Townshend Green North |
Jun 2024 | Anti-social behaviour | On or near George Edwards Road | |
Jun 2024 | Anti-social behaviour | On or near George Edwards Road | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Enterprise Way |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Wymans Way |