£283,626
This estimated value is based upon the latest sale price for the house of £280,000 on 28 Sep 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 Highlands
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Price Paid | Date |
---|---|
£280,000 | 28 Sep 2023 |
£185,000 | 17 Jun 2015 |
Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 2023 the House Price Index for NORFOLK was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £280,000 results in an estimated price of approximately £283,626.
28 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 148.6 | 1.295 % | £280,000 | £3,626 | £283,626 |
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 | 28.385 % | £79,478 | £359,478 |
3 Month Average | 15.006 % | £42,016 | £322,016 |
6 Month Average | -1.896 % | £-5,307 | £274,692 |
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 |
17 Mar 2023 | £252,378 | £250,000 | 80 FAIRFIELDS |
17 Mar 2023 | £302,853 | £300,000 | 18 TOTTINGTON CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 31 Oct 2014. Using an estimated price of £283,626 means this house is valued at £3,223 per sq meter (£299 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 |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near A1066 |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near A1066 |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |