£508,555
This estimated value is based upon the latest sale price for the house of £500,000 on 10 May 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £500,000 | 10 May 2023 |
| £360,000 | 5 Mar 2018 |
| £320,000 | 3 Jan 2008 |
| £87,000 | 27 Jul 1999 |
| Detached |
| Freehold |
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 May 2023 the House Price Index for NORFOLK was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £500,000 results in an estimated price of approximately £508,555.
| 10 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £500,000 | £8,555 | £508,555 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | -10.999 % | £-54,997 | £445,002 |
| 3 Month Average | -19.472 % | £-97,357 | £402,642 |
| 6 Month Average | -9.849 % | £-49,244 | £450,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £635,000 | £635,000 | 6 ST BENETS AVENUE |
| 8 Dec 2023 | £600,507 | £590,000 | 2 ST BENETS AVENUE |
| 6 Nov 2023 | £116,728 | £115,000 | 7 BAINBRIDGE CLOSE |
| 21 Jul 2023 | £440,935 | £435,000 | 5 LITESTER CLOSE |
| 18 Jan 2023 | £234,894 | £236,000 | 44 FAIRVIEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Woodside |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodside |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Randell Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Randell Close |
| Apr 2024 | Public order | Under investigation | On or near Fairview Road |