£364,030
This estimated value is based upon the latest sale price for the house of £280,000 on 24 Feb 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £280,000 | 24 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 February 2017 the House Price Index for NORFOLK was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £280,000 results in an estimated price of approximately £364,030.
| 24 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £280,000 | £84,030 | £364,030 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 35.881 % | £100,467 | £380,467 |
| 3 Month Average | 53.230 % | £149,043 | £429,043 |
| 6 Month Average | 40.971 % | £114,719 | £394,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £336,071 | £332,000 | 37 SALMONS WAY |
| 24 Mar 2023 | £320,520 | £317,500 | 1 SHELDRAKE CLOSE |
| 28 Jan 2022 | £353,083 | £335,500 | 15 SHELDRAKE CLOSE |
| 13 Sep 2021 | £339,442 | £315,000 | 51 SALMONS WAY |
| 1 Sep 2021 | £204,743 | £190,000 | 30 SALMONS WAY |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 27 Feb 2017. Using an estimated price of £364,031 means this house is valued at £3,714 per sq meter (£345 per sq foot).
The average size of a house on SALMONS WAY is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Offender given a caution | On or near Townshend Green North |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Townshend Green North |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Grove |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Beech Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heath Rise |