£153,363
This estimated value is based upon the latest sale price for the house of £121,000 on 11 Sep 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £121,000 | 11 Sep 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 September 2017 the House Price Index for NORFOLK was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £121,000 results in an estimated price of approximately £153,363.
| 11 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £121,000 | £32,363 | £153,363 |
The Postcode Pricing Model uses changes in average sales price within the NR19 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 | -10.405 % | £-12,589 | £108,410 |
| 3 Month Average | 31.630 % | £38,272 | £159,272 |
| 6 Month Average | 26.417 % | £31,964 | £152,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £152,671 | £150,000 | 3 MAYES TERRACE |
| 21 Nov 2023 | £88,307 | £87,000 | 36A BAXTER ROW |
| 18 Sep 2023 | £232,928 | £229,950 | 1 FOUNDRY SQUARE |
| 17 Jul 2023 | £207,797 | £205,000 | 40 LONDON ROAD |
| 9 Feb 2023 | £174,882 | £175,000 | 2 FOUNDRY SQUARE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 8 Mar 2016. Using an estimated price of £153,363 means this house is valued at £2,788 per sq meter (£259 per sq foot).
The average size of a house on LONDON ROAD is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Banyard Place | |
| Feb 2024 | Anti-social behaviour | On or near Banyard Place | |
| Jan 2024 | Anti-social behaviour | On or near Banyard Place | |
| Jan 2024 | Anti-social behaviour | On or near Banyard Place | |
| Jan 2024 | Anti-social behaviour | On or near Banyard Place |