£283,387
This estimated value is based upon the latest sale price for the house of £190,000 on 3 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 Shepherd Close
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| Price Paid | Date |
|---|---|
| £190,000 | 3 Dec 2014 |
| £17,360 | 16 Jun 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £190,000 results in an estimated price of approximately £283,387.
| 3 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £190,000 | £93,387 | £283,387 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 33.623 % | £63,883 | £253,883 |
| 3 Month Average | 36.077 % | £68,546 | £258,546 |
| 6 Month Average | 37.506 % | £71,260 | £261,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £242,118 | £240,000 | 6 RICHENDA CLOSE |
| 12 Jul 2023 | £354,775 | £350,000 | 561 EARLHAM ROAD |
| 16 Jun 2023 | £396,300 | £391,500 | 16 EARLHAM GREEN LANE |
| 11 Jan 2023 | £253,804 | £255,000 | 11 RICHENDA CLOSE |
| 17 Nov 2022 | £237,128 | £240,000 | 4 PRISCILLA CLOSE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 11 Oct 2014. Using an estimated price of £283,387 means this house is valued at £2,553 per sq meter (£237 per sq foot).
The average size of a house on SHEPHERD CLOSE is 139 sq meters (1,497 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Shepherd Close |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Shepherd Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shepherd Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shepherd Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Priscilla Close |