£1,597,678
This estimated value is based upon the latest sale price for the house of £875,000 on 30 Nov 2005. 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 Town Close Road
More crime details
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| Price Paid | Date |
|---|---|
| £875,000 | 30 Nov 2005 |
| Detached |
| Freehold |
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 2005 the House Price Index for NORFOLK was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £875,000 results in an estimated price of approximately £1,597,678.
| 30 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £875,000 | £722,678 | £1,597,678 |
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 | 167.358 % | £1,464,381 | £2,339,381 |
| 3 Month Average | 80.347 % | £703,031 | £1,578,031 |
| 6 Month Average | 80.550 % | £704,814 | £1,579,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £1,350,000 | £1,350,000 | 41 NEWMARKET ROAD |
| 29 Nov 2023 | £1,333,859 | £1,300,000 | 87 NEWMARKET ROAD |
| 15 Nov 2023 | £1,228,689 | £1,197,500 | 22 IPSWICH ROAD |
| 21 Jun 2023 | £785,746 | £770,000 | 45A NEWMARKET ROAD |
| 1 Mar 2023 | £915,285 | £900,000 | 57 NEWMARKET ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Town Close Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town Close Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Town Close Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Further/Higher Educational Building |