£286,346
This estimated value is based upon the latest sale price for the house of £179,500 on 27 Feb 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £179,500 | 27 Feb 2014 |
| £67,500 | 3 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 February 2014 the House Price Index for NORFOLK was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £179,500 results in an estimated price of approximately £286,346.
| 27 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £179,500 | £106,846 | £286,346 |
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 | 68.666 % | £123,254 | £302,754 |
| 3 Month Average | 59.816 % | £107,369 | £286,869 |
| 6 Month Average | 62.210 % | £111,666 | £291,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2022 | £263,767 | £265,000 | 6 HEATH RISE |
| 26 Aug 2022 | £302,524 | £301,109 | 12 HEATH RISE |
| 16 Jun 2022 | £212,543 | £208,000 | 96 NORWICH ROAD |
| 13 May 2022 | £205,350 | £200,000 | 10 RIVER VIEW CLOSE |
| 28 Mar 2022 | £275,076 | £263,500 | 6 THE RIDINGS |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 15 Nov 2013. Using an estimated price of £286,347 means this house is valued at £2,753 per sq meter (£255 per sq foot).
The average size of a house on HEATH RISE is 95 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Norwich Road | |
| May 2024 | Anti-social behaviour | On or near Norwich Road | |
| May 2024 | Anti-social behaviour | On or near Norwich Road | |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Wymans Way |
| Jun 2024 | Anti-social behaviour | On or near Wensum Way |