£338,403
This estimated value is based upon the latest sale price for the house of £285,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £285,000 | 18 Sep 2020 |
| £81,700 | 10 Oct 1997 |
| Detached |
| 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 September 2020 the House Price Index for NORFOLK was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £285,000 results in an estimated price of approximately £338,403.
| 18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £285,000 | £53,403 | £338,403 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | -8.666 % | £-24,699 | £260,300 |
| 3 Month Average | 0.519 % | £1,477 | £286,477 |
| 6 Month Average | 14.693 % | £41,875 | £326,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £152,254 | £150,000 | 5 AYLSHAM ROAD |
| 3 Jul 2023 | £304,093 | £300,000 | 14 HAMILTON CLOSE |
| 11 Nov 2022 | £479,196 | £485,000 | 8 OAKLANDS PARK |
| 29 Sep 2022 | £337,276 | £340,000 | 16 MORRISON CLOSE |
| 14 Jul 2022 | £426,147 | £425,000 | TYNEDALE, 22 CROMER ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Jul 2018. Using an estimated price of £338,404 means this house is valued at £3,638 per sq meter (£338 per sq foot).
The average size of a house on CROMER ROAD is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Hamilton Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hamilton Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hardy Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hardy Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hardy Close |