£245,827
This estimated value is based upon the latest sale price for the house of £172,000 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Highlands
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| Price Paid | Date |
|---|---|
| £172,000 | 7 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 August 2015 the House Price Index for NORFOLK was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £172,000 results in an estimated price of approximately £245,827.
| 7 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £172,000 | £73,827 | £245,827 |
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 | 69.079 % | £118,815 | £290,815 |
| 3 Month Average | 52.123 % | £89,650 | £261,650 |
| 6 Month Average | 49.495 % | £85,131 | £257,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £373,536 | £367,000 | 16 RICHARD EASTEN ROAD |
| 28 Sep 2023 | £283,626 | £280,000 | 49 HIGHLANDS |
| 1 Sep 2023 | £253,238 | £250,000 | 5 RICHARD EASTEN ROAD |
| 24 Aug 2023 | £201,765 | £200,000 | 8 BARLEY WAY |
| 24 Mar 2023 | £227,140 | £225,000 | 16 BARLEY WAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 2 Nov 2014. Using an estimated price of £245,827 means this house is valued at £2,762 per sq meter (£256 per sq foot).
The average size of a house on HIGHLANDS is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Highlands |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Highlands |
| Apr 2024 | Other crime | Awaiting court outcome | On or near Tottington Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairfields |
| Apr 2024 | Anti-social behaviour | On or near Fairfields |