£245,820
This estimated value is based upon the latest sale price for the house of £48,000 on 4 Jun 1997. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£48,000 | 4 Jun 1997 |
Semi-Detached |
Freehold |
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 June 1997 the House Price Index for NORFOLK was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £48,000 results in an estimated price of approximately £245,820.
4 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 148.6 | 412.126 % | £48,000 | £197,820 | £245,820 |
The Postcode Pricing Model uses changes in average sales price within the IP25 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 | 450.234 % | £216,112 | £264,112 |
3 Month Average | 400.553 % | £192,265 | £240,265 |
6 Month Average | 401.044 % | £192,500 | £240,500 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £228,381 | £225,000 | 37 THETFORD ROAD |
4 Aug 2023 | £395,964 | £392,500 | 1 MONKHAMS DRIVE |
3 Jul 2023 | £223,001 | £220,000 | 14 MONKHAMS DRIVE |
30 Jun 2022 | £355,012 | £349,995 | 71 THETFORD ROAD |
30 Jun 2022 | £353,998 | £348,995 | 69 THETFORD ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Monkhams Drive |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bowes Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mary Shanks Close |
Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |