£315,536
This estimated value is based upon the latest sale price for the house of £210,000 on 22 Dec 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£210,000 | 22 Dec 2014 |
£180,000 | 6 Jul 2006 |
Detached |
Freehold |
Floor Area: 117 sq meters or 1,259 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 £210,000 results in an estimated price of approximately £315,536.
22 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £210,000 | £105,536 | £315,536 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 3.510 % | £7,370 | £217,370 |
3 Month Average | 54.421 % | £114,284 | £324,284 |
6 Month Average | 41.406 % | £86,952 | £296,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jun 2024 | £485,000 | £485,000 | 7 OAKLANDS PARK |
24 Nov 2023 | £153,907 | £150,000 | 5 AYLSHAM ROAD |
16 Oct 2023 | £363,250 | £355,000 | 5 MORRISON CLOSE |
30 Nov 2022 | £413,068 | £415,000 | 21 CROMER ROAD |
11 Nov 2022 | £482,743 | £485,000 | 8 OAKLANDS PARK |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 5 Feb 2014. Using an estimated price of £315,536 means this house is valued at £2,696 per sq meter (£250 per sq foot).
The average size of a house on CROMER ROAD is 98 sq meters (1,059 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Acacia Drive |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Hamilton Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamilton Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardy Close |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hardy Close |