£234,799
This estimated value is based upon the latest sale price for the house of £48,500 on 27 Feb 1998. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There have been two burglaries within the last year on or near Durham Street
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| Price Paid | Date |
|---|---|
| £48,500 | 27 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 865 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 February 1998 the House Price Index for NORFOLK was 30.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 384.123%.Applying this 384.123% change to the original purchase price of £48,500 results in an estimated price of approximately £234,799.
| 27 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 149.7 | 384.123 % | £48,500 | £186,299 | £234,799 |
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 | 613.131 % | £297,368 | £345,868 |
| 3 Month Average | 429.617 % | £208,364 | £256,864 |
| 6 Month Average | 436.790 % | £211,843 | £260,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £238,042 | £232,000 | 20 RUTLAND STREET |
| 16 Nov 2023 | £285,241 | £278,000 | 25 GLOUCESTER STREET |
| 28 Sep 2023 | £301,650 | £295,000 | 27 GLOUCESTER STREET |
| 7 Sep 2023 | £143,156 | £140,000 | FLAT D 108 UNTHANK ROAD |
| 19 Apr 2023 | £269,032 | £264,000 | 67 GLOUCESTER STREET |
This house has a floor area of 80 sq meters or 865 sq feet when measured on 26 Feb 2011. Using an estimated price of £234,800 means this house is valued at £2,921 per sq meter (£271 per sq foot).
The average size of a house on YORK STREET is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Unable to prosecute suspect | On or near Durham Street |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Durham Street |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Chester Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Onley Street |
| Jul 2024 | Other theft | Under investigation | On or near Gloucester Street |