£193,299
This estimated value is based upon the latest sale price for the house of £112,000 on 26 Apr 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £112,000 | 26 Apr 2011 |
| £31,000 | 30 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 495 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 April 2011 the House Price Index for NORFOLK was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £112,000 results in an estimated price of approximately £193,299.
| 26 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £112,000 | £81,299 | £193,299 |
The Postcode Pricing Model uses changes in average sales price within the NR25 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 | 118.250 % | £132,439 | £244,439 |
| 3 Month Average | 65.688 % | £73,570 | £185,570 |
| 6 Month Average | 84.705 % | £94,869 | £206,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £220,600 | £215,000 | 19 HEMPSTEAD ROAD |
| 30 Oct 2023 | £309,530 | £302,500 | 5 HEMPSTEAD ROAD |
| 14 Sep 2023 | £283,755 | £277,500 | 29 SWANN GROVE |
| 30 Jun 2023 | £262,766 | £257,500 | 23 SWANN GROVE |
| 15 Jun 2023 | £234,703 | £230,000 | 5 SWANN GROVE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 15 Apr 2014. Using an estimated price of £193,300 means this house is valued at £4,202 per sq meter (£390 per sq foot).
The average size of a house on HEMPSTEAD ROAD is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swann Grove |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Jun 2024 | Criminal damage and arson | Local resolution | On or near Queen'S Road |
| Jun 2024 | Drugs | Under investigation | On or near Queen'S Road |