£509,974
This estimated value is based upon the latest sale price for the house of £290,000 on 25 Nov 2009. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£290,000 | 25 Nov 2009 |
Detached |
Freehold |
Floor Area: 177 sq meters or 1,907 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 November 2009 the House Price Index for NORFOLK was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £290,000 results in an estimated price of approximately £509,974.
25 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.853 % | £290,000 | £219,974 | £509,974 |
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 | 48.813 % | £141,556 | £431,556 |
3 Month Average | 80.801 % | £234,323 | £524,323 |
6 Month Average | 62.467 % | £181,152 | £471,152 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jun 2024 | £485,000 | £485,000 | 7 OAKLANDS PARK |
30 Nov 2023 | £230,347 | £224,500 | 40 HAMILTON CLOSE |
20 Oct 2023 | £138,137 | £135,000 | 6 PELLEW PLACE |
16 Oct 2023 | £363,250 | £355,000 | 5 MORRISON CLOSE |
16 Feb 2023 | £132,384 | £131,500 | 30 HAMILTON CLOSE |
This house has a floor area of 177 sq meters or 1,907 sq feet when measured on 7 Jul 2009. Using an estimated price of £509,974 means this house is valued at £2,877 per sq meter (£267 per sq foot).
There is one other house on the street which we know the size of, this is 1 ACACIA DRIVE it is 143.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Acacia Drive |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Hamilton Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamilton Close |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hardy Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardy Close |