£163,072
This estimated value is based upon the latest sale price for the house of £136,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £136,000 | 28 Aug 2020 |
| £120,000 | 12 Jun 2012 |
| £45,500 | 18 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 679 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 August 2020 the House Price Index for NORFOLK was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £136,000 results in an estimated price of approximately £163,072.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £136,000 | £27,072 | £163,072 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | -10.806 % | £-14,696 | £121,303 |
| 3 Month Average | 17.454 % | £23,737 | £159,737 |
| 6 Month Average | 18.137 % | £24,666 | £160,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £23,100,000 | £23,100,000 | WM MORRISON SUPERMARKETS PLC STATION ROAD |
| 12 Dec 2023 | £164,885 | £162,000 | 20 NORWICH ROAD |
| 28 Jul 2023 | £197,660 | £195,000 | 30 CECIL ROAD |
| 3 Feb 2023 | £54,963 | £55,000 | 2 NEWTON COURT NORWICH ROAD |
| 25 Jan 2023 | £189,109 | £190,000 | 6 NORWICH ROAD |
This house has a floor area of 63 sq meters or 679 sq feet when measured on 23 Sep 2011. Using an estimated price of £163,073 means this house is valued at £2,584 per sq meter (£240 per sq foot).
The average size of a house on NORWICH ROAD is 113 sq meters (1,217 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Dereham |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dereham |
| Apr 2024 | Anti-social behaviour | On or near Ramillies Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ramillies Close |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ramillies Close |