£220,356
This estimated value is based upon the latest sale price for the house of £60,000 on 5 Sep 2000. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £60,000 | 5 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 September 2000 the House Price Index for NORFOLK was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £60,000 results in an estimated price of approximately £220,356.
| 5 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £60,000 | £160,356 | £220,356 |
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 | 296.977 % | £178,186 | £238,186 |
| 3 Month Average | 315.118 % | £189,070 | £249,070 |
| 6 Month Average | 318.506 % | £191,103 | £251,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £213,740 | £210,000 | 17 CHURCH LANES |
| 2 Nov 2023 | £583,641 | £575,000 | THE CHAPEL CHAPEL COURT |
| 15 Sep 2023 | £202,590 | £200,000 | 3 FERNBANK COTTAGES |
| 24 Aug 2023 | £156,368 | £155,000 | 3 MOUNT PLEASANT CHURCH LANES |
| 4 Aug 2023 | £781,840 | £775,000 | CHURCHILL HOUSE, 12A WELLS ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 29 Mar 2010. Using an estimated price of £220,357 means this house is valued at £2,369 per sq meter (£220 per sq foot).
The average size of a house on WELLS ROAD is 133 sq meters (1,436 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nelson Road |
| Mar 2024 | Other theft | Awaiting court outcome | On or near Star Meadow |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Star Meadow |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Star Meadow |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Star Meadow |