£877,310
This estimated value is based upon the latest sale price for the house of £705,000 on 7 Feb 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Town Close Road
More crime details
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Price Paid | Date |
---|---|
£705,000 | 7 Feb 2019 |
£345,000 | 29 Nov 2002 |
Semi-Detached |
Freehold |
Floor Area: 258 sq meters or 2,777 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 February 2019 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £705,000 results in an estimated price of approximately £877,310.
7 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £705,000 | £172,310 | £877,310 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 71.324 % | £502,833 | £1,207,833 |
3 Month Average | 15.938 % | £112,360 | £817,360 |
6 Month Average | 20.156 % | £142,101 | £847,101 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £415,000 | £415,000 | 10 HARFORD MANOR CLOSE |
15 Nov 2023 | £1,228,689 | £1,197,500 | 22 IPSWICH ROAD |
6 Nov 2023 | £161,602 | £157,500 | 1 HARFORD HOUSE TUCKSWOOD LANE |
2 Nov 2022 | £388,185 | £390,000 | 53 IPSWICH ROAD |
19 May 2022 | £77,006 | £75,000 | 13 TOWN CLOSE ROAD |
This house has a floor area of 258 sq meters or 2,777 sq feet when measured on 26 Jun 2017. Using an estimated price of £877,311 means this house is valued at £3,400 per sq meter (£315 per sq foot).
The average size of a house on IPSWICH ROAD is 128 sq meters (1,378 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Town Close Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Town Close Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town Close Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harry Perry Close |
May 2024 | Other theft | Unable to prosecute suspect | On or near Further/Higher Educational Building |