£247,752
This estimated value is based upon the latest sale price for the house of £160,000 on 19 Jun 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £160,000 | 19 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 June 2014 the House Price Index for NORFOLK was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £160,000 results in an estimated price of approximately £247,752.
| 19 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £160,000 | £87,752 | £247,752 |
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 | 92.376 % | £147,801 | £307,801 |
| 3 Month Average | 35.739 % | £57,183 | £217,183 |
| 6 Month Average | 54.447 % | £87,115 | £247,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £212,250 | £212,250 | 334 DEREHAM ROAD |
| 15 Dec 2023 | £154,755 | £150,000 | 59 WINCHCOMB ROAD |
| 5 Dec 2023 | £259,989 | £252,000 | 3 WHEATLEY ROAD |
| 15 Sep 2023 | £168,719 | £165,000 | 13 BRIAR COURT GUARDIAN ROAD |
| 15 Sep 2023 | £500,023 | £489,000 | 14 THE WILLOWS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 30 Aug 2012. Using an estimated price of £247,752 means this house is valued at £2,914 per sq meter (£270 per sq foot).
The average size of a house on DEREHAM ROAD is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near A140 | |
| May 2024 | Anti-social behaviour | On or near A140 | |
| May 2024 | Anti-social behaviour | On or near A140 | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winchcomb Road |
| Jul 2024 | Other crime | Further investigation is not in the public interest | On or near Winchcomb Road |