£1,418,637
This estimated value is based upon the latest sale price for the house of £231,500 on 19 May 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£231,500 | 19 May 2023 |
£195,000 | 13 Sep 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 686 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 May 2023 the House Price Index for NORFOLK was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £231,500 results in an estimated price of approximately £1,418,637.
19 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £231,500 | £1,187,137 | £1,418,637 |
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 | 82.798 % | £191,676 | £423,176 |
3 Month Average | -1.415 % | £-3,274 | £228,225 |
6 Month Average | 2.618 % | £6,061 | £237,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £340,462 | £330,000 | 23A MURIEL ROAD |
16 Nov 2023 | £289,858 | £282,500 | 50 MORNINGTON ROAD |
31 Aug 2023 | £417,531 | £410,000 | 84 MORNINGTON ROAD |
14 Jun 2023 | £261,745 | £256,500 | 13 MURIEL ROAD |
14 Apr 2023 | £336,290 | £330,000 | 19 MURIEL ROAD |
This house has a floor area of 63 sq meters or 686 sq feet when measured on 16 Dec 2009.
The average size of a house on MORNINGTON ROAD is 84 sq meters (905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Mornington Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Muriel Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Muriel Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Muriel Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Muriel Road |