£471,646
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Jan 2010. 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 Chapel Bank
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| Price Paid | Date |
|---|---|
| £275,000 | 15 Jan 2010 |
| £140,000 | 25 Jan 2002 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 949 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 January 2010 the House Price Index for NORFOLK was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £275,000 results in an estimated price of approximately £471,646.
| 15 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.508 % | £275,000 | £196,646 | £471,646 |
The Postcode Pricing Model uses changes in average sales price within the PE36 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 | 108.895 % | £299,462 | £574,462 |
| 3 Month Average | 55.989 % | £153,968 | £428,968 |
| 6 Month Average | 87.581 % | £240,847 | £515,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £661,575 | £650,000 | 29 BERNARD CRESCENT |
| 29 Sep 2023 | £428,479 | £423,000 | 8 KINGS ROAD |
| 28 Feb 2023 | £649,563 | £650,000 | 14 KINGS ROAD |
| 19 Jan 2023 | £577,281 | £580,000 | 13 QUEENS GARDENS |
| 29 Jun 2022 | £547,741 | £540,000 | 42 BERNARD CRESCENT |
This house has a floor area of 88 sq meters or 949 sq feet when measured on 25 Sep 2009. Using an estimated price of £471,647 means this house is valued at £5,347 per sq meter (£496 per sq foot).
The average size of a house on BERNARD CRESCENT is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Chapel Bank |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lighthouse Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lighthouse Close |
| Apr 2024 | Public order | Under investigation | On or near Yarrow Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Yarrow Drive |