£308,024
This estimated value is based upon the latest sale price for the house of £300,000 on 19 May 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 19 May 2022 |
| £123,000 | 8 Oct 2004 |
| Semi-Detached |
| Freehold |
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 2022 the House Price Index for NORFOLK was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £300,000 results in an estimated price of approximately £308,024.
| 19 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £300,000 | £8,024 | £308,024 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 3.721 % | £11,163 | £311,163 |
| 3 Month Average | 6.996 % | £20,987 | £320,987 |
| 6 Month Average | 7.637 % | £22,910 | £322,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £171,489 | £170,000 | 14 CHURCH LANES |
| 23 Nov 2023 | £215,469 | £210,000 | 42 SOUTHGATES DRIVE |
| 8 Sep 2023 | £153,381 | £150,000 | 22 SOUTHGATES DRIVE |
| 6 Apr 2023 | £188,526 | £185,000 | 38 QUEENS ROAD |
| 30 Sep 2022 | £112,425 | £112,500 | 32 CHURCH LANES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Rosemary Terrace | |
| May 2024 | Anti-social behaviour | On or near Rosemary Terrace | |
| May 2024 | Anti-social behaviour | On or near Rosemary Terrace | |
| Jul 2024 | Public order | Under investigation | On or near Southgates Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southgates Drive |