£285,485
This estimated value is based upon the latest sale price for the house of £190,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Portland Street
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Price Paid | Date |
---|---|
£190,000 | 12 Dec 2014 |
£162,000 | 5 Jan 2011 |
£123,250 | 10 Jan 2003 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 779 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 December 2014 the House Price Index for NORFOLK was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £190,000 results in an estimated price of approximately £285,485.
12 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £190,000 | £95,485 | £285,485 |
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 | 77.211 % | £146,701 | £336,701 |
3 Month Average | 44.869 % | £85,250 | £275,250 |
6 Month Average | 43.089 % | £81,869 | £271,869 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £309,511 | £300,000 | 16 LINCOLN STREET |
30 Aug 2023 | £285,143 | £280,000 | 15 LINCOLN STREET |
10 Aug 2023 | £251,028 | £246,500 | 80 PORTLAND STREET |
16 Jun 2023 | £525,532 | £515,000 | 26 LINCOLN STREET |
1 Feb 2023 | £256,715 | £255,000 | 39 LINCOLN STREET |
This house has a floor area of 72 sq meters or 779 sq feet when measured on 18 Jun 2010. Using an estimated price of £285,485 means this house is valued at £3,940 per sq meter (£366 per sq foot).
The average size of a house on LINCOLN STREET is 86 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Portland Street | |
May 2024 | Anti-social behaviour | On or near Portland Street | |
May 2024 | Burglary | Under investigation | On or near Portland Street |
May 2024 | Anti-social behaviour | On or near Portland Street | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dover Street |