£612,920
This estimated value is based upon the latest sale price for the house of £599,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£599,000 | 20 Oct 2023 |
£340,000 | 15 Sep 2010 |
£127,000 | 20 Apr 2001 |
£48,500 | 30 Aug 1996 |
Semi-Detached |
Freehold |
Floor Area: 143 sq meters or 1,547 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 2023 the House Price Index for NORFOLK was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £599,000 results in an estimated price of approximately £612,920.
20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £599,000 | £13,920 | £612,920 |
The Postcode Pricing Model uses changes in average sales price within the PE36 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 | -46.124 % | £-276,285 | £322,714 |
3 Month Average | -1.709 % | £-10,235 | £588,764 |
6 Month Average | -5.822 % | £-34,875 | £564,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £549,991 | £537,500 | 15 AUSTIN STREET |
20 Oct 2023 | £612,921 | £599,000 | 16 AUSTIN STREET |
6 Jan 2023 | £30,080 | £30,000 | 13 AUSTIN STREET |
17 Mar 2022 | £495,868 | £475,000 | 5 LINCOLN STREET |
9 Mar 2022 | £437,408 | £419,000 | 34 GREEVEGATE |
This house has a floor area of 143 sq meters or 1,547 sq feet when measured on 30 Jul 2010. Using an estimated price of £612,921 means this house is valued at £4,262 per sq meter (£395 per sq foot).
The average size of a house on AUSTIN STREET is 156 sq meters (1,685 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Austin Street |
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Lincoln Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Street |
May 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
May 2024 | Public order | Under investigation | On or near Sports/Recreation Area |