£213,736
This estimated value is based upon the latest sale price for the house of £163,000 on 14 Dec 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £163,000 | 14 Dec 2016 |
| £135,000 | 11 Sep 2015 |
| £118,000 | 9 Aug 2011 |
| £116,500 | 9 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 759 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 2016 the House Price Index for NORFOLK was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £163,000 results in an estimated price of approximately £213,736.
| 14 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £163,000 | £50,736 | £213,736 |
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 | -5.740 % | £-9,356 | £153,643 |
| 3 Month Average | -15.884 % | £-25,890 | £137,109 |
| 6 Month Average | -3.923 % | £-6,394 | £156,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £192,068 | £190,000 | 33 LION WOOD ROAD |
| 5 Apr 2023 | £199,144 | £197,000 | 5 WOMERSLEY ROAD |
| 20 Mar 2023 | £201,902 | £200,000 | 16 WOMERSLEY ROAD |
| 6 Jan 2023 | £223,945 | £225,000 | 129 PLUMSTEAD ROAD |
| 16 May 2022 | £336,337 | £330,000 | 156 PLUMSTEAD ROAD |
This house has a floor area of 70 sq meters or 759 sq feet when measured on 22 Jan 2011. Using an estimated price of £213,736 means this house is valued at £3,028 per sq meter (£281 per sq foot).
The average size of a house on LION WOOD ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cubitt Road |
| Mar 2024 | Anti-social behaviour | On or near Cubitt Road | |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Cubitt Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Newbegin Close |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Newbegin Close |