£192,602
This estimated value is based upon the latest sale price for the house of £120,000 on 20 Dec 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £120,000 | 20 Dec 2013 |
| £98,000 | 9 Sep 2005 |
| £12,960 | 12 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 633 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 December 2013 the House Price Index for NORFOLK was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £120,000 results in an estimated price of approximately £192,602.
| 20 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £120,000 | £72,602 | £192,602 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | 38.666 % | £46,399 | £166,399 |
| 3 Month Average | 22.477 % | £26,972 | £146,972 |
| 6 Month Average | 34.158 % | £40,989 | £160,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £198,739 | £197,000 | 8 TIBBENHAM HOUSE, 112 - 114 THORPE ROAD |
| 1 Jun 2023 | £455,518 | £450,000 | 5 HILL HOUSE ROAD |
| 21 Jan 2022 | £172,595 | £164,000 | 94 THORPE ROAD |
| 19 Nov 2021 | £162,227 | £150,000 | FLAT 4 MARLBOROUGH COURT, 26 LOWER CLARENCE ROAD |
| 15 Oct 2021 | £115,074 | £104,000 | FLAT 2 92 THORPE ROAD |
This house has a floor area of 58 sq meters or 633 sq feet when measured on 10 Feb 2009. Using an estimated price of £192,602 means this house is valued at £3,269 per sq meter (£303 per sq foot).
The average size of a house on THORPE ROAD is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Stracey Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stracey Road |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ethel Road |