£705,444
This estimated value is based upon the latest sale price for the house of £695,000 on 15 Nov 2023. 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 Newmarket Road
More crime details
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| Price Paid | Date |
|---|---|
| £695,000 | 15 Nov 2023 |
| £150,000 | 18 Jul 1997 |
| Semi-Detached |
| Leasehold |
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 November 2023 the House Price Index for NORFOLK was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £695,000 results in an estimated price of approximately £705,444.
| 15 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £695,000 | £10,444 | £705,444 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | -25.059 % | £-174,163 | £520,836 |
| 3 Month Average | -9.618 % | £-66,847 | £628,152 |
| 6 Month Average | -8.236 % | £-57,243 | £637,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £705,444 | £695,000 | 470 UNTHANK ROAD |
| 24 Aug 2022 | £202,455 | £203,000 | 15 SUMPTER ROAD |
| 4 Jul 2022 | £822,213 | £820,000 | 12 ELVEDEN CLOSE |
| 17 May 2022 | £1,197,565 | £1,175,000 | 466A UNTHANK ROAD |
| 30 Mar 2022 | £1,348,177 | £1,301,000 | 183 NEWMARKET ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Newmarket Road |
| Feb 2024 | Other theft | Under investigation | On or near Newmarket Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leng Crescent |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Hurd Road |
| Apr 2024 | Anti-social behaviour | On or near Hurd Road |