£143,053
This estimated value is based upon the latest sale price for the house of £115,000 on 11 Jun 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £115,000 | 11 Jun 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 June 2018 the House Price Index for NORFOLK was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £115,000 results in an estimated price of approximately £143,053.
| 11 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £115,000 | £28,053 | £143,053 |
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 | 14.332 % | £16,481 | £131,481 |
| 3 Month Average | 12.991 % | £14,939 | £129,939 |
| 6 Month Average | 24.659 % | £28,358 | £143,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £65,000 | £65,000 | 28 MARKET PLACE |
| 3 Aug 2023 | £358,133 | £355,000 | 35A MARKET PLACE |
| 19 Jul 2023 | £182,456 | £180,000 | 17 MUNDESLEY ROAD |
| 9 Jun 2023 | £83,512 | £82,500 | 17 MARKET PLACE |
| 7 Sep 2022 | £138,879 | £140,000 | 30 MARKET PLACE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 21 Mar 2018. Using an estimated price of £143,053 means this house is valued at £2,699 per sq meter (£250 per sq foot).
The average size of a house on MARKET PLACE is 45 sq meters (486 sq feet).
This house is the largest in the street with a floor area of 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nightclub |
| Apr 2024 | Public order | Under investigation | On or near Nightclub |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Nightclub |
| Mar 2024 | Public order | Under investigation | On or near Nightclub |
| Mar 2024 | Possession of weapons | Under investigation | On or near Nightclub |