£236,900
This estimated value is based upon the latest sale price for the house of £45,000 on 12 Feb 1997. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£45,000 | 12 Feb 1997 |
Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 1997 the House Price Index for NORFOLK was 28.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 426.445%.Applying this 426.445% change to the original purchase price of £45,000 results in an estimated price of approximately £236,900.
12 Feb 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.2 | 148.6 | 426.445 % | £45,000 | £191,900 | £236,900 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 507.937 % | £228,571 | £273,571 |
3 Month Average | 603.422 % | £271,539 | £316,539 |
6 Month Average | 555.359 % | £249,911 | £294,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2022 | £261,828 | £265,000 | 6 HEATH RISE |
26 Aug 2022 | £300,301 | £301,109 | 12 HEATH RISE |
16 Jun 2022 | £210,982 | £208,000 | 96 NORWICH ROAD |
13 May 2022 | £203,841 | £200,000 | 10 RIVER VIEW CLOSE |
28 Mar 2022 | £273,055 | £263,500 | 6 THE RIDINGS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 11 Nov 2008. Using an estimated price of £236,900 means this house is valued at £2,632 per sq meter (£244 per sq foot).
The average size of a house on HEATH RISE is 95 sq meters (1,033 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heath Rise |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wensum Way |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Wensum Way |