£273,963
This estimated value is based upon the latest sale price for the house of £220,000 on 9 May 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £220,000 | 9 May 2019 |
| £215,000 | 22 Oct 2007 |
| Detached |
| 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 May 2019 the House Price Index for NORFOLK was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £220,000 results in an estimated price of approximately £273,963.
| 9 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £220,000 | £53,963 | £273,963 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 13.740 % | £30,227 | £250,227 |
| 3 Month Average | 27.738 % | £61,024 | £281,024 |
| 6 Month Average | 15.244 % | £33,536 | £253,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £226,587 | £222,500 | 4 WELLS AVENUE |
| 15 Jun 2023 | £216,335 | £212,000 | 29 RECREATION ROAD |
| 4 Apr 2023 | £275,146 | £270,000 | 3 SKEYTON VIEW |
| 27 Feb 2023 | £453,026 | £450,000 | 20 SKEYTON ROAD |
| 14 Feb 2023 | £281,883 | £280,000 | 7 WESTWICK DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Dec 2018. Using an estimated price of £273,963 means this house is valued at £3,512 per sq meter (£326 per sq foot).
The average size of a house on SOUTH RISE is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near South Rise |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near South Rise |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wells Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Angel Drive |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Angel Drive |