£128,472
This estimated value is based upon the latest sale price for the house of £110,000 on 2 Nov 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£110,000 | 2 Nov 2020 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 November 2020 the House Price Index for NORFOLK was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £110,000 results in an estimated price of approximately £128,472.
2 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £110,000 | £18,472 | £128,472 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 88.821 % | £97,703 | £207,703 |
3 Month Average | 6.898 % | £7,587 | £117,587 |
6 Month Average | 18.017 % | £19,818 | £129,818 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £200,582 | £197,500 | 290 DEREHAM ROAD |
15 Dec 2023 | £221,816 | £215,000 | 35 BOND STREET |
15 Dec 2023 | £237,291 | £230,000 | 22 BOND STREET |
1 Sep 2023 | £317,627 | £310,625 | 242 DEREHAM ROAD |
10 Aug 2022 | £185,869 | £185,000 | 74 BOWTHORPE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 31 May 2019. Using an estimated price of £128,473 means this house is valued at £1,712 per sq meter (£159 per sq foot).
The average size of a house on DEREHAM ROAD is 97 sq meters (1,045 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Bond Street |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bond Street |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bond Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Bond Street |
Jun 2024 | Anti-social behaviour | On or near Bond Street |