£518,067
This estimated value is based upon the latest sale price for the house of £480,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£480,000 | 15 Dec 2021 |
£308,000 | 28 Mar 2018 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2021 the House Price Index for NORFOLK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £480,000 results in an estimated price of approximately £518,067.
15 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £480,000 | £38,067 | £518,067 |
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 | 76.471 % | £367,060 | £847,060 |
3 Month Average | 1.243 % | £5,965 | £485,965 |
6 Month Average | 8.185 % | £39,287 | £519,287 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £693,657 | £683,000 | 70 MILL HILL ROAD |
10 Nov 2023 | £949,092 | £925,000 | THE COACH HOUSE, 39A UNTHANK ROAD |
19 Oct 2023 | £199,532 | £195,000 | FLAT 4 33 UNTHANK ROAD |
22 Sep 2023 | £207,576 | £203,000 | FLAT E 56 MILL HILL ROAD |
22 Aug 2023 | £835,061 | £820,000 | 40 GROSVENOR ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 8 Jun 2021. Using an estimated price of £518,068 means this house is valued at £4,504 per sq meter (£418 per sq foot).
The average size of a house on GROSVENOR ROAD is 131 sq meters (1,419 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Bicycle theft | Under investigation | On or near Bathurst Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Neville Street |
Jul 2024 | Burglary | Under investigation | On or near Somerleyton Street |
Jul 2024 | Anti-social behaviour | On or near Somerleyton Street | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Somerleyton Street |