£276,594
This estimated value is based upon the latest sale price for the house of £272,500 on 12 Jan 2024. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£272,500 | 12 Jan 2024 |
£227,500 | 9 Oct 2020 |
£150,000 | 20 Feb 2014 |
Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 January 2024 the House Price Index for NORFOLK was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £272,500 results in an estimated price of approximately £276,594.
12 Jan 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £272,500 | £4,094 | £276,594 |
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 | -35.787 % | £-97,519 | £174,980 |
3 Month Average | -7.843 % | £-21,373 | £251,126 |
6 Month Average | -7.506 % | £-20,453 | £252,046 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2022 | £261,828 | £265,000 | 6 HEATH RISE |
26 Aug 2022 | £300,301 | £301,109 | 12 HEATH RISE |
16 Jun 2022 | £210,982 | £208,000 | 96 NORWICH ROAD |
13 May 2022 | £203,841 | £200,000 | 10 RIVER VIEW CLOSE |
28 Mar 2022 | £273,055 | £263,500 | 6 THE RIDINGS |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 9 Aug 2013.
The average size of a house on HEATH RISE is 95 sq meters (1,033 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heath Rise |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wensum Way |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Wensum Way |