£659,721
This estimated value is based upon the latest sale price for the house of £410,000 on 9 Jan 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£410,000 | 9 Jan 2014 |
£82,000 | 25 Oct 1996 |
Terraced |
Freehold |
Floor Area: 194 sq meters or 2,088 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 January 2014 the House Price Index for NORFOLK was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £410,000 results in an estimated price of approximately £659,721.
9 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 149.7 | 60.908 % | £410,000 | £249,721 | £659,721 |
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 | 120.310 % | £493,271 | £903,271 |
3 Month Average | 56.469 % | £231,524 | £641,524 |
6 Month Average | 63.658 % | £260,996 | £670,996 |
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 194 sq meters or 2,088 sq feet when measured on 29 Jul 2013. Using an estimated price of £659,721 means this house is valued at £3,400 per sq meter (£315 per sq foot).
The average size of a house on GROSVENOR ROAD is 131 sq meters (1,419 sq feet).
This house is the largest in the street with a floor area of 194 sq meters (2,088 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 | Anti-social behaviour | On or near Somerleyton Street | |
Jul 2024 | Burglary | Under investigation | On or near Somerleyton Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Somerleyton Street |