£168,030
This estimated value is based upon the latest sale price for the house of £165,000 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £165,000 | 11 Aug 2023 |
| £38,500 | 5 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 47 sq meters or 505 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 August 2023 the House Price Index for NORFOLK was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £165,000 results in an estimated price of approximately £168,030.
| 11 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £165,000 | £3,030 | £168,030 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | 40.329 % | £66,542 | £231,542 |
| 3 Month Average | -18.024 % | £-29,738 | £135,261 |
| 6 Month Average | -14.374 % | £-23,716 | £141,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2024 | £108,000 | £108,000 | FLAT 62 THE MALTINGS |
| 22 Mar 2024 | £81,248 | £80,000 | FLAT 34 THE MALTINGS |
| 20 Dec 2023 | £126,899 | £123,000 | FLAT 66 THE MALTINGS |
| 20 Dec 2023 | £127,415 | £123,500 | FLAT 60 THE MALTINGS |
| 23 Oct 2023 | £77,766 | £76,000 | FLAT 38 THE MALTINGS |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 12 Apr 2019. Using an estimated price of £168,031 means this house is valued at £3,575 per sq meter (£332 per sq foot).
The average size of a house on MALTHOUSE COURT is 67 sq meters (723 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malthouse Court |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Malthouse Court |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malthouse Court |