£2,585,273
This estimated value is based upon the latest sale price for the house of £425,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £425,000 | 31 Oct 2023 |
| £343,000 | 16 Jul 2019 |
| £379,995 | 7 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 October 2023 the House Price Index for NORFOLK was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £425,000 results in an estimated price of approximately £2,585,273.
| 31 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £425,000 | £2,160,273 | £2,585,273 |
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 | 10.476 % | £44,523 | £469,523 |
| 3 Month Average | -1.717 % | £-7,297 | £417,702 |
| 6 Month Average | -1.602 % | £-6,808 | £418,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £583,641 | £575,000 | THE CHAPEL CHAPEL COURT |
| 1 Nov 2023 | £431,387 | £425,000 | 3 CHESTNUT CLOSE |
| 4 Aug 2023 | £781,840 | £775,000 | CHURCHILL HOUSE, 12A WELLS ROAD |
| 19 Apr 2023 | £293,156 | £290,000 | 15 WELLS ROAD |
| 10 Nov 2022 | £168,953 | £171,000 | 18 WELLS ROAD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 15 Jul 2015.
The average size of a house on NELSON ROAD is 171 sq meters (1,845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nelson Road |
| Mar 2024 | Other theft | Awaiting court outcome | On or near Star Meadow |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Star Meadow |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Star Meadow |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Star Meadow |