£285,044
This estimated value is based upon the latest sale price for the house of £129,950 on 22 Dec 2003. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£129,950 | 22 Dec 2003 |
£56,000 | 18 Dec 1998 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 December 2003 the House Price Index for NORFOLK was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £129,950 results in an estimated price of approximately £285,044.
22 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £129,950 | £155,094 | £285,044 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 242.879 % | £315,620 | £445,570 |
3 Month Average | 119.280 % | £155,003 | £284,953 |
6 Month Average | 125.867 % | £163,564 | £293,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £217,892 | £216,000 | 74 GLOUCESTER STREET |
29 Jul 2022 | £291,117 | £288,200 | 2A HILL STREET |
30 Mar 2022 | £250,544 | £240,000 | 87 GLOUCESTER STREET |
4 Feb 2022 | £258,304 | £244,500 | 22 HILL STREET |
10 Jun 2021 | £151,321 | £140,000 | 66 LEICESTER STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 25 Jun 2019. Using an estimated price of £285,044 means this house is valued at £4,191 per sq meter (£389 per sq foot).
The average size of a house on NEWMARKET STREET is 74 sq meters (802 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Leicester Street | |
Apr 2024 | Anti-social behaviour | On or near Leicester Street | |
Apr 2024 | Anti-social behaviour | On or near Leicester Street | |
Apr 2024 | Anti-social behaviour | On or near Leicester Street | |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Newmarket Street |