£347,281
This estimated value is based upon the latest sale price for the house of £200,000 on 19 Dec 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£200,000 | 19 Dec 2011 |
£203,100 | 11 Jun 2007 |
£165,000 | 16 Jan 2004 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 960 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 2011 the House Price Index for NORFOLK was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £200,000 results in an estimated price of approximately £347,281.
19 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £200,000 | £147,281 | £347,281 |
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 | 118.729 % | £237,457 | £437,457 |
3 Month Average | 61.547 % | £123,094 | £323,094 |
6 Month Average | 68.483 % | £136,966 | £336,966 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £244,199 | £238,000 | 12 NEWMARKET STREET |
27 Mar 2023 | £305,095 | £300,000 | 7 NEWMARKET STREET |
31 May 2022 | £244,366 | £238,000 | 61 TRINITY STREET |
23 May 2022 | £333,693 | £325,000 | 53 NEWMARKET STREET |
22 Apr 2022 | £259,355 | £250,000 | 101 CAMBRIDGE STREET |
This house has a floor area of 89 sq meters or 960 sq feet when measured on 3 Jun 2011. Using an estimated price of £347,282 means this house is valued at £3,891 per sq meter (£361 per sq foot).
The average size of a house on NEWMARKET STREET is 74 sq meters (802 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Beaumont Place |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beaumont Place |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beaumont Place |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Trix Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Trix Road |