£244,405
This estimated value is based upon the latest sale price for the house of £183,000 on 16 Jun 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£183,000 | 16 Jun 2016 |
£127,000 | 10 Jul 2009 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 June 2016 the House Price Index for NORFOLK was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £183,000 results in an estimated price of approximately £244,405.
16 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £183,000 | £61,405 | £244,405 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 15.148 % | £27,721 | £210,721 |
3 Month Average | 12.373 % | £22,642 | £205,642 |
6 Month Average | 34.370 % | £62,896 | £245,896 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £290,542 | £288,000 | 6 PICKFORD CLOSE |
2 Aug 2023 | £226,986 | £225,000 | 59A MARSHGATE |
26 Jun 2023 | £242,184 | £239,250 | 59B MARSHGATE |
31 Mar 2023 | £201,902 | £200,000 | 12 SYCAMORE CLOSE |
4 Aug 2022 | £334,101 | £335,000 | 43 RYE CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 4 Apr 2016. Using an estimated price of £244,406 means this house is valued at £2,685 per sq meter (£249 per sq foot).
The average size of a house on RYE CLOSE is 95 sq meters (1,030 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ashfield Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashfield Road |
Apr 2024 | Anti-social behaviour | On or near Ashfield Road | |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ashfield Road |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Ashfield Road |