£271,977
This estimated value is based upon the latest sale price for the house of £242,000 on 20 Aug 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£242,000 | 20 Aug 2021 |
£210,000 | 12 Jul 2019 |
£355,000 | 3 Jan 2017 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 2021 the House Price Index for NORFOLK was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £242,000 results in an estimated price of approximately £271,977.
20 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £242,000 | £29,977 | £271,977 |
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 | 90.335 % | £218,609 | £460,609 |
3 Month Average | 1.796 % | £4,345 | £246,345 |
6 Month Average | 5.264 % | £12,739 | £254,739 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 May 2024 | £313,000 | £313,000 | 74 UPPER ST GILES STREET |
1 Mar 2024 | £431,632 | £425,000 | 18 COW HILL |
29 Apr 2022 | £508,337 | £490,000 | 14 NINHAMS COURT |
19 Jan 2022 | £389,093 | £367,000 | 12 WILLOW LANE |
7 Jan 2022 | £169,632 | £160,000 | FLAT 3, 13 WILLOW LANE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 10 Dec 2018. Using an estimated price of £271,977 means this house is valued at £5,131 per sq meter (£476 per sq foot).
The average size of a house on COW HILL is 179 sq meters (1,926 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Awaiting court outcome | On or near Upper St Giles Street |
Jun 2024 | Criminal damage and arson | Awaiting court outcome | On or near Upper St Giles Street |
Jun 2024 | Drugs | Under investigation | On or near Upper St Giles Street |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Upper St Giles Street |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Upper St Giles Street |