£691,513
This estimated value is based upon the latest sale price for the house of £400,000 on 27 Oct 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £400,000 | 27 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 300 sq meters or 3,237 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 2011 the House Price Index for NORFOLK was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £400,000 results in an estimated price of approximately £691,513.
| 27 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £400,000 | £291,513 | £691,513 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | 51.546 % | £206,183 | £606,183 |
| 3 Month Average | 31.336 % | £125,345 | £525,345 |
| 6 Month Average | 38.583 % | £154,333 | £554,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £253,238 | £250,000 | 13 CITY HEIGHTS TELEGRAPH LANE EAST |
| 8 Sep 2023 | £167,137 | £165,000 | 4 WORSTER COURT RANSON ROAD |
| 18 Aug 2023 | £741,487 | £735,000 | 12 STANLEY AVENUE |
| 16 Jun 2023 | £202,452 | £200,000 | 7 WORSTER COURT RANSON ROAD |
| 9 Feb 2023 | £169,886 | £170,000 | 3 CITY HEIGHTS TELEGRAPH LANE EAST |
This house has a floor area of 300 sq meters or 3,237 sq feet when measured on 25 Oct 2010. Using an estimated price of £691,513 means this house is valued at £2,298 per sq meter (£213 per sq foot).
The average size of a house on THORPE ROAD is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Denes |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Denes |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frogs Hall Lane |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Frogs Hall Lane |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Frogs Hall Lane |