£220,073
This estimated value is based upon the latest sale price for the house of £119,000 on 6 May 2005. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£119,000 | 6 May 2005 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 May 2005 the House Price Index for NORFOLK was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £119,000 results in an estimated price of approximately £220,073.
6 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.936 % | £119,000 | £101,073 | £220,073 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 139.491 % | £165,994 | £284,994 |
3 Month Average | 87.667 % | £104,323 | £223,323 |
6 Month Average | 86.903 % | £103,414 | £222,414 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £315,521 | £310,000 | 91 CHURCHILL ROAD |
30 Jun 2023 | £230,796 | £228,000 | 6 ORCHARD WAY |
20 Jun 2023 | £4,858,856 | £4,800,000 | DEERS LEAP, 38 NORWICH ROAD |
27 Apr 2023 | £192,068 | £190,000 | 41 CHALK CLOSE |
11 Apr 2022 | £298,642 | £290,000 | 51 NORWICH ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 28 Aug 2020. Using an estimated price of £220,074 means this house is valued at £2,268 per sq meter (£210 per sq foot).
The average size of a house on NORWICH ROAD is 105 sq meters (1,131 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Orchard Way |
Jan 2024 | Other theft | Under investigation | On or near Orchard Way |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Orchard Way |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Autumn Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebe Close |