£60,602
This estimated value is based upon the latest sale price for the house of £11,500 on 1 Apr 1997. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£11,500 | 1 Apr 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 April 1997 the House Price Index for NORFOLK was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £11,500 results in an estimated price of approximately £60,602.
1 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 149.7 | 426.976 % | £11,500 | £49,102 | £60,602 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 515.069 % | £59,232 | £70,732 |
3 Month Average | 461.351 % | £53,055 | £64,555 |
6 Month Average | 529.077 % | £60,843 | £72,343 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £223,433 | £220,000 | 11 VINE COURT |
2 Nov 2023 | £589,976 | £575,000 | THE CHAPEL CHAPEL COURT |
4 Aug 2023 | £789,235 | £775,000 | CHURCHILL HOUSE, 12A WELLS ROAD |
16 Jun 2023 | £293,379 | £287,500 | 37A OAK STREET |
19 Apr 2023 | £295,528 | £290,000 | 15 WELLS ROAD |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 10 Feb 2014. Using an estimated price of £60,602 means this house is valued at £1,893 per sq meter (£175 per sq foot).
The average size of a house on OAK STREET is 109 sq meters (1,180 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Oak Street | |
Apr 2024 | Anti-social behaviour | On or near Oak Street | |
Apr 2024 | Anti-social behaviour | On or near Oak Street | |
Apr 2024 | Anti-social behaviour | On or near Oak Street | |
Apr 2024 | Anti-social behaviour | On or near Oak Street |