£400,650
This estimated value is based upon the latest sale price for the house of £145,000 on 13 Aug 2002. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£145,000 | 13 Aug 2002 |
£65,000 | 9 Jun 1995 |
Detached |
Freehold |
Floor Area: 125 sq meters or 1,353 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 2002 the House Price Index for NORFOLK was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £145,000 results in an estimated price of approximately £400,650.
13 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
54.2 | 149.7 | 176.311 % | £145,000 | £255,650 | £400,650 |
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 | 198.483 % | £287,800 | £432,800 |
3 Month Average | 158.572 % | £229,929 | £374,929 |
6 Month Average | 198.541 % | £287,884 | £432,884 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £428,737 | £419,000 | 34 ALBERT STREET |
7 Feb 2022 | £438,430 | £415,000 | THE OLD SCHOOL 26 NEW STREET |
16 Sep 2021 | £461,638 | £425,250 | 2A TOWN CLOSE |
16 Sep 2021 | £385,377 | £355,000 | 8 TOWN CLOSE |
12 May 2021 | £335,829 | £295,000 | 2 CLEY ROAD |
This house has a floor area of 125 sq meters or 1,353 sq feet when measured on 20 Nov 2008. Using an estimated price of £400,650 means this house is valued at £3,187 per sq meter (£296 per sq foot).
The average size of a house on TOWN CLOSE is 98 sq meters (1,057 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,353 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Town Close |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near New Street |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Mill Street |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Court |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Court |