£439,492
This estimated value is based upon the latest sale price for the house of £340,000 on 21 Apr 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £340,000 | 21 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 2017 the House Price Index for NORFOLK was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £340,000 results in an estimated price of approximately £439,492.
| 21 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £340,000 | £99,492 | £439,492 |
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 | 15.005 % | £51,016 | £391,016 |
| 3 Month Average | 24.263 % | £82,493 | £422,493 |
| 6 Month Average | 25.522 % | £86,773 | £426,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £938,900 | £925,000 | THE COACH HOUSE, 39A UNTHANK ROAD |
| 22 Sep 2023 | £205,629 | £203,000 | FLAT E 56 MILL HILL ROAD |
| 22 Aug 2023 | £827,237 | £820,000 | 40 GROSVENOR ROAD |
| 17 Aug 2023 | £540,730 | £536,000 | 88 MILL HILL ROAD |
| 21 Jul 2023 | £537,231 | £530,000 | 8 BATHURST ROAD |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 1 Feb 2017. Using an estimated price of £439,492 means this house is valued at £2,781 per sq meter (£258 per sq foot).
The average size of a house on GROSVENOR ROAD is 131 sq meters (1,419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grosvenor Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Neville Street |
| Apr 2024 | Burglary | Under investigation | On or near Somerleyton Street |
| Mar 2024 | Public order | Awaiting court outcome | On or near Somerleyton Street |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Somerleyton Street |