£245,352
This estimated value is based upon the latest sale price for the house of £200,000 on 11 Dec 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£200,000 | 11 Dec 2019 |
£70,000 | 14 Dec 2001 |
£41,950 | 21 Aug 1997 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 2019 the House Price Index for NORFOLK was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £200,000 results in an estimated price of approximately £245,352.
11 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £200,000 | £45,352 | £245,352 |
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 | -0.665 % | £-1,329 | £198,670 |
3 Month Average | 13.363 % | £26,726 | £226,726 |
6 Month Average | 14.615 % | £29,229 | £229,229 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £126,619 | £125,000 | 5 THOMAS DIX COURT |
20 Sep 2023 | £263,367 | £260,000 | 28 LOUIS ARTHUR COURT NEW ROAD |
29 Aug 2023 | £578,057 | £573,000 | EASTGATE, 8 NEW ROAD |
23 Jun 2023 | £212,575 | £210,000 | 56 HALL LANE |
31 Mar 2023 | £307,901 | £305,000 | 20 NEW ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 8 Nov 2018. Using an estimated price of £245,353 means this house is valued at £3,661 per sq meter (£340 per sq foot).
The average size of a house on NEW ROAD is 81 sq meters (881 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near New Road | |
Apr 2024 | Violence and sexual offences | Local resolution | On or near New Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New Road |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near New Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |