£222,372
This estimated value is based upon the latest sale price for the house of £180,000 on 2 Oct 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £180,000 | 2 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 October 2019 the House Price Index for NORFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £180,000 results in an estimated price of approximately £222,372.
| 2 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £180,000 | £42,372 | £222,372 |
The Postcode Pricing Model uses changes in average sales price within the PE36 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 | 27.209 % | £48,976 | £228,976 |
| 3 Month Average | 26.047 % | £46,884 | £226,884 |
| 6 Month Average | 9.613 % | £17,303 | £197,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £108,329 | £105,000 | 44 LYNDHURST COURT |
| 30 Jun 2023 | £224,499 | £220,000 | 7 WILLOW ROAD |
| 6 Apr 2023 | £122,287 | £120,000 | 7 LYNDHURST COURT |
| 23 Nov 2022 | £368,278 | £370,000 | 10 NELSON DRIVE |
| 5 Jul 2022 | £171,721 | £170,000 | 53 LYNDHURST COURT |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 29 May 2019. Using an estimated price of £222,372 means this house is valued at £3,046 per sq meter (£283 per sq foot).
The average size of a house on WAVENEY ROAD is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Chatsworth Road | |
| Jul 2024 | Other theft | Under investigation | On or near Nelson Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waveney Road |
| Jun 2024 | Anti-social behaviour | On or near Waveney Road | |
| Jun 2024 | Anti-social behaviour | On or near Waveney Road |