£117,488
This estimated value is based upon the latest sale price for the house of £21,000 on 10 Mar 1995. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £21,000 | 10 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 March 1995 the House Price Index for NORFOLK was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.468%.Applying this 459.468% change to the original purchase price of £21,000 results in an estimated price of approximately £117,488.
| 10 Mar 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 459.468 % | £21,000 | £96,488 | £117,488 |
The Postcode Pricing Model uses changes in average sales price within the NR26 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 | 598.033 % | £125,586 | £146,586 |
| 3 Month Average | 547.817 % | £115,041 | £136,041 |
| 6 Month Average | 582.934 % | £122,416 | £143,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £395,321 | £390,000 | 20 NEW ROAD |
| 18 Jul 2023 | £111,501 | £110,000 | 27 SHANNOCK COURT |
| 29 Jun 2023 | £136,655 | £135,000 | 14 SHANNOCK COURT |
| 9 Jun 2023 | £178,421 | £176,260 | 23 SHANNOCK COURT |
| 5 Jun 2023 | £156,901 | £155,000 | 6 SHANNOCK COURT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 2 Nov 2021. Using an estimated price of £117,488 means this house is valued at £1,263 per sq meter (£117 per sq foot).
The average size of a house on NEW ROAD is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Augusta Court | |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Barford Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barford Road |
| Jan 2024 | Drugs | Offender given a caution | On or near Theatre/Concert Hall |
| Apr 2024 | Shoplifting | Under investigation | On or near Barchams Yard |