£380,432
This estimated value is based upon the latest sale price for the house of £305,000 on 21 May 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£305,000 | 21 May 2018 |
£122,000 | 2 Oct 2000 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 May 2018 the House Price Index for NORFOLK was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £305,000 results in an estimated price of approximately £380,432.
21 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £305,000 | £75,432 | £380,432 |
The Postcode Pricing Model uses changes in average sales price within the NR25 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 | 71.990 % | £219,569 | £524,569 |
3 Month Average | 39.444 % | £120,303 | £425,303 |
6 Month Average | 32.595 % | £99,414 | £404,414 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £221,275 | £217,999 | 32 GROVE LANE |
18 Sep 2023 | £354,533 | £350,000 | 2 GLAVEN HALE CLOSE |
9 Nov 2022 | £380,392 | £385,000 | 1 AINSWORTH ROAD |
2 Sep 2022 | £471,691 | £475,500 | 28 PEARSONS ROAD |
20 Jul 2022 | £225,607 | £225,000 | 12A PEARSONS CLOSE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 24 Nov 2017. Using an estimated price of £380,432 means this house is valued at £3,693 per sq meter (£343 per sq foot).
The average size of a house on PEARSONS CLOSE is 110 sq meters (1,187 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Ainsworth Road |
Mar 2024 | Burglary | Under investigation | On or near Barn Owl Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barn Owl Drive |
Mar 2024 | Bicycle theft | Under investigation | On or near Tawny Owl Way |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Swann Grove |