£561,813
This estimated value is based upon the latest sale price for the house of £365,000 on 8 Jul 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Freeman Street
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Price Paid | Date |
---|---|
£365,000 | 8 Jul 2014 |
£86,950 | 30 Sep 1999 |
Terraced |
Freehold |
Floor Area: 127 sq meters or 1,367 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 July 2014 the House Price Index for NORFOLK was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £365,000 results in an estimated price of approximately £561,813.
8 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £365,000 | £196,813 | £561,813 |
The Postcode Pricing Model uses changes in average sales price within the NR23 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 | 98.626 % | £359,983 | £724,983 |
3 Month Average | 80.777 % | £294,836 | £659,836 |
6 Month Average | 76.724 % | £280,042 | £645,042 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £496,155 | £487,206 | 22 CHAPEL YARD |
30 Mar 2023 | £589,851 | £580,000 | 1 BLACKHORSE YARD |
3 Mar 2023 | £2,257,704 | £2,220,000 | THE ARK ROYAL FREEMAN STREET |
4 Jan 2023 | £466,246 | £465,000 | 10 BRIG SQUARE |
4 Aug 2022 | £617,889 | £615,000 | BERESFORD HOUSE LUGGER YARD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 22 Apr 2014. Using an estimated price of £561,813 means this house is valued at £4,423 per sq meter (£410 per sq foot).
There is one other house on the street which we know the size of, this is 3 BLACKHORSE YARD it is 127.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Freeman Street |
May 2024 | Anti-social behaviour | On or near Freeman Street | |
May 2024 | Anti-social behaviour | On or near Freeman Street | |
May 2024 | Anti-social behaviour | On or near Freeman Street | |
Apr 2024 | Public order | Formal action is not in the public interest | On or near Park Road |