£817,342
This estimated value is based upon the latest sale price for the house of £560,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£560,000 | 15 May 2015 |
Detached |
Freehold |
Floor Area: 147 sq meters or 1,582 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 May 2015 the House Price Index for NORFOLK was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £560,000 results in an estimated price of approximately £817,342.
15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £560,000 | £257,342 | £817,342 |
The Postcode Pricing Model uses changes in average sales price within the NR25 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 | 80.655 % | £451,670 | £1,011,670 |
3 Month Average | 96.497 % | £540,385 | £1,100,385 |
6 Month Average | 67.485 % | £377,916 | £937,916 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £399,950 | £399,950 | THE LILACS, 2 NORTONSFIELD CLOSE |
30 Jun 2023 | £374,537 | £370,000 | 12 STATION ROAD |
13 Mar 2023 | £237,235 | £235,000 | 16 THE BEECHES |
16 Mar 2022 | £233,159 | £225,000 | 18 THE BEECHES |
1 Nov 2021 | £2,283,822 | £2,111,690 | 6 MARKET PLACE |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 9 Sep 2014. Using an estimated price of £817,342 means this house is valued at £5,560 per sq meter (£516 per sq foot).
The average size of a house on STATION ROAD is 142 sq meters (1,528 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Church Street |
Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Church Street |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |