£275,048
This estimated value is based upon the latest sale price for the house of £162,250 on 25 Jan 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £162,250 | 25 Jan 2013 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 January 2013 the House Price Index for NORFOLK was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £162,250 results in an estimated price of approximately £275,048.
| 25 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £162,250 | £112,798 | £275,048 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | 1.727 % | £2,801 | £165,051 |
| 3 Month Average | 40.112 % | £65,080 | £227,330 |
| 6 Month Average | 36.097 % | £58,568 | £220,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £280,000 | £280,000 | 134 THE AVENUES |
| 15 Dec 2023 | £259,541 | £255,000 | 41 NORTHFIELDS |
| 10 Nov 2023 | £248,682 | £245,000 | 186 NORTHFIELDS |
| 17 Aug 2023 | £287,515 | £285,000 | 92 THE AVENUES |
| 30 Jun 2023 | £321,899 | £318,000 | 207 THE AVENUES |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 5 Nov 2012. Using an estimated price of £275,048 means this house is valued at £3,056 per sq meter (£283 per sq foot).
The average size of a house on THE AVENUES is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Morello Close | |
| Jan 2024 | Anti-social behaviour | On or near Morello Close | |
| Jan 2024 | Anti-social behaviour | On or near Morello Close | |
| Jan 2024 | Anti-social behaviour | On or near Morello Close | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Morello Close |