£231,013
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Feb 2006. 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 Waterworks Road
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| Price Paid | Date |
|---|---|
| £130,000 | 28 Feb 2006 |
| £120,000 | 11 Dec 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2006 the House Price Index for NORFOLK was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £130,000 results in an estimated price of approximately £231,013.
| 28 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £130,000 | £101,013 | £231,013 |
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 | 80.476 % | £104,618 | £234,618 |
| 3 Month Average | 91.798 % | £119,337 | £249,337 |
| 6 Month Average | 87.347 % | £113,551 | £243,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £285,652 | £282,000 | 96 HOTBLACK ROAD |
| 15 Sep 2023 | £397,584 | £392,500 | 75 HOTBLACK ROAD |
| 15 Jun 2023 | £200,428 | £198,000 | 98 TURNER ROAD |
| 5 Apr 2023 | £396,772 | £392,500 | 86A HOTBLACK ROAD |
| 27 Jan 2023 | £161,240 | £162,000 | 23 LITTLE ARMES STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 26 Sep 2014. Using an estimated price of £231,014 means this house is valued at £2,511 per sq meter (£233 per sq foot).
The average size of a house on WATERWORKS ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Waterworks Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Armes Crescent |
| Apr 2024 | Other theft | Under investigation | On or near Little Armes Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Armes Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Little Armes Street |