£228,023
This estimated value is based upon the latest sale price for the house of £139,950 on 2 Mar 2007. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £139,950 | 2 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 March 2007 the House Price Index for NORFOLK was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £139,950 results in an estimated price of approximately £228,023.
| 2 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £139,950 | £88,073 | £228,023 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 78.957 % | £110,500 | £250,450 |
| 3 Month Average | 57.227 % | £80,088 | £220,038 |
| 6 Month Average | 68.561 % | £95,951 | £235,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £168,374 | £165,000 | 2 RED LION COURT |
| 30 Sep 2022 | £68,454 | £68,500 | 5 NEWMANS YARD NORWICH STREET |
| 22 Sep 2022 | £144,404 | £144,500 | 5 NEWMANS COURT NORWICH STREET |
| 5 Jul 2022 | £368,694 | £365,000 | 13B GLADSTONE ROAD |
| 30 May 2022 | £112,942 | £110,000 | FLAT 10 7 NEWMANS COURT |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 21 Jul 2017. Using an estimated price of £228,023 means this house is valued at £2,151 per sq meter (£199 per sq foot).
There is one other house on the street which we know the size of, this is 1 RED LION COURT it is 67.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Other theft | Under investigation | On or near Norwich Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norwich Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norwich Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norwich Street |