£181,016
This estimated value is based upon the latest sale price for the house of £70,000 on 20 Nov 2002. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £70,000 | 20 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2002 the House Price Index for NORFOLK was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £70,000 results in an estimated price of approximately £181,016.
| 20 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £70,000 | £111,016 | £181,016 |
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 | 251.302 % | £175,911 | £245,911 |
| 3 Month Average | 132.449 % | £92,713 | £162,713 |
| 6 Month Average | 136.917 % | £95,841 | £165,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £155,387 | £153,000 | 21 CLIFTON STREET |
| 29 Nov 2023 | £133,386 | £130,000 | 19 DOLPHIN GROVE |
| 1 Mar 2023 | £162,717 | £160,000 | 8 CLIFTON CLOSE |
| 24 Feb 2023 | £144,717 | £143,750 | 13 GOODMAN SQUARE |
| 12 Jan 2023 | £130,348 | £130,000 | 10 GOODMAN SQUARE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 5 Aug 2014. Using an estimated price of £181,017 means this house is valued at £2,446 per sq meter (£227 per sq foot).
The average size of a house on FREEMAN SQUARE is 76 sq meters (823 sq feet).
This house is the largest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Freeman Square |
| Jul 2024 | Bicycle theft | Under investigation | On or near Freeman Square |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Freeman Square |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Goodman Square |
| Jul 2024 | Anti-social behaviour | On or near Causeway Close |