£248,983
This estimated value is based upon the latest sale price for the house of £198,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£198,000 | 6 Apr 2018 |
£139,950 | 29 Sep 2009 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 831 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 April 2018 the House Price Index for NORFOLK was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £198,000 results in an estimated price of approximately £248,983.
6 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £198,000 | £50,983 | £248,983 |
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 | 88.690 % | £175,606 | £373,606 |
3 Month Average | 15.274 % | £30,242 | £228,242 |
6 Month Average | 21.467 % | £42,505 | £240,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £221,927 | £220,000 | 17 NILE STREET |
27 Oct 2023 | £219,997 | £215,000 | 88 NELSON STREET |
2 Oct 2023 | £248,136 | £242,500 | 64 WEST END STREET |
18 Aug 2023 | £264,775 | £260,000 | 5 NELSON STREET |
24 Mar 2023 | £246,110 | £242,000 | 71 NELSON STREET |
This house has a floor area of 77 sq meters or 831 sq feet when measured on 17 Jun 2009. Using an estimated price of £248,983 means this house is valued at £3,224 per sq meter (£299 per sq foot).
The average size of a house on NELSON STREET is 76 sq meters (823 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nicholas Mews |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West End Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West End Street |
May 2024 | Violence and sexual offences | Under investigation | On or near West End Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West End Street |