£302,647
This estimated value is based upon the latest sale price for the house of £300,000 on 10 Aug 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 10 Aug 2023 |
| £70,000 | 19 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,081 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 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £300,000 results in an estimated price of approximately £302,647.
| 10 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £300,000 | £2,647 | £302,647 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | -27.455 % | £-82,365 | £217,634 |
| 3 Month Average | -10.489 % | £-31,465 | £268,534 |
| 6 Month Average | -9.241 % | £-27,724 | £272,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £349,468 | £345,000 | 4 FARMAN AVENUE |
| 22 Aug 2023 | £221,942 | £220,000 | 3 NORWICH ROAD |
| 10 Aug 2023 | £302,648 | £300,000 | 27 GRAMMAR SCHOOL ROAD |
| 3 Aug 2023 | £358,133 | £355,000 | 35A MARKET PLACE |
| 3 Aug 2023 | £9,079 | £9,000 | CAR PARKING SPACE V17 LOUIS ARTHUR COURT NEW ROAD |
This house has a floor area of 100 sq meters or 1,081 sq feet when measured on 2 Mar 2012. Using an estimated price of £302,648 means this house is valued at £3,013 per sq meter (£279 per sq foot).
The average size of a house on GRAMMAR SCHOOL ROAD is 209 sq meters (2,250 sq feet).
This house is the smallest in the street with a floor area of 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Bank Loke |
| Apr 2024 | Shoplifting | Under investigation | On or near Bank Loke |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Bank Loke |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Headley Drive |
| Feb 2024 | Public order | Under investigation | On or near King'S Arms Street |