£284,019
This estimated value is based upon the latest sale price for the house of £230,000 on 13 Sep 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 13 Sep 2018 |
| £157,000 | 17 Jan 2007 |
| £123,500 | 25 Nov 2003 |
| £48,000 | 8 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2018 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £230,000 results in an estimated price of approximately £284,019.
| 13 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £230,000 | £54,019 | £284,019 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 13.510 % | £31,073 | £261,073 |
| 3 Month Average | 50.534 % | £116,228 | £346,228 |
| 6 Month Average | 33.937 % | £78,054 | £308,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £227,914 | £225,000 | 21 CLARENDON ROAD |
| 9 Jun 2023 | £146,778 | £145,000 | 24 SANDY LANE |
| 1 Aug 2022 | £259,302 | £260,000 | 11 OLIVIA CLOSE |
| 1 Jun 2022 | £319,515 | £315,000 | 52 SANDY LANE |
| 18 May 2022 | £637,003 | £625,000 | 48 SANDY LANE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 26 Mar 2018. Using an estimated price of £284,019 means this house is valued at £3,264 per sq meter (£303 per sq foot).
The average size of a house on OLIVIA CLOSE is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Kings Road | |
| Feb 2024 | Anti-social behaviour | On or near Field Lane | |
| Feb 2024 | Anti-social behaviour | On or near Field Lane | |
| Feb 2024 | Public order | Under investigation | On or near Further/Higher Educational Building |
| Feb 2024 | Public order | Under investigation | On or near Arthur Road |