£351,819
This estimated value is based upon the latest sale price for the house of £235,000 on 3 Oct 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £235,000 | 3 Oct 2014 |
| £232,500 | 21 Feb 2011 |
| £195,000 | 6 Jan 2004 |
| Flats/Maisonettes |
| Leasehold |
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 October 2014 the House Price Index for NORFOLK was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £235,000 results in an estimated price of approximately £351,819.
| 3 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £235,000 | £116,819 | £351,819 |
The Postcode Pricing Model uses changes in average sales price within the NR25 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 | 101.205 % | £237,830 | £472,830 |
| 3 Month Average | 68.009 % | £159,820 | £394,820 |
| 6 Month Average | 62.881 % | £147,769 | £382,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £399,950 | £399,950 | THE LILACS, 2 NORTONSFIELD CLOSE |
| 30 Jun 2023 | £374,537 | £370,000 | 12 STATION ROAD |
| 13 Mar 2023 | £237,235 | £235,000 | 16 THE BEECHES |
| 17 Jan 2023 | £482,726 | £485,000 | THE WENSUM, 10 NEIL AVENUE |
| 18 May 2022 | £484,122 | £475,000 | 44 NEIL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shrublands Court |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Shrublands Court |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |