£331,542
This estimated value is based upon the latest sale price for the house of £295,000 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 |
---|---|
£295,000 | 20 Aug 2021 |
£180,000 | 19 Sep 2016 |
£115,000 | 5 Feb 2009 |
£30,450 | 29 May 1998 |
Freehold |
Floor Area: 89 sq meters or 957 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 £295,000 results in an estimated price of approximately £331,542.
20 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £295,000 | £36,542 | £331,542 |
The Postcode Pricing Model uses changes in average sales price within the NR27 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 | 2.542 % | £7,498 | £302,498 |
3 Month Average | 14.431 % | £42,572 | £337,572 |
6 Month Average | 3.027 % | £8,929 | £303,929 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £164,167 | £160,000 | 2 CHAPEL STREET |
16 Oct 2023 | £378,599 | £370,000 | 5 FISHERMENS MEWS CORNER STREET |
11 Aug 2023 | £208,765 | £205,000 | 5 CORNER STREET |
31 Mar 2023 | £1,932,269 | £1,900,000 | 57 - 59 CHURCH STREET |
4 Jan 2023 | £246,659 | £246,000 | BLUE GALILEE, 8 NEW STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 20 Jun 2016. Using an estimated price of £331,543 means this house is valued at £3,725 per sq meter (£346 per sq foot).
The average size of a house on CORNER STREET is 75 sq meters (814 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garden Street |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Garden Street |
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
Jul 2024 | Other theft | Under investigation | On or near Petrol Station |
Jul 2024 | Other theft | Under investigation | On or near Petrol Station |