£411,252
This estimated value is based upon the latest sale price for the house of £107,450 on 25 Apr 2000. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£107,450 | 25 Apr 2000 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 2000 the House Price Index for NORFOLK was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £107,450 results in an estimated price of approximately £411,252.
25 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.1 | 149.7 | 282.739 % | £107,450 | £303,802 | £411,252 |
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 | 237.091 % | £254,754 | £362,204 |
3 Month Average | 330.651 % | £355,284 | £462,734 |
6 Month Average | 297.961 % | £320,158 | £427,608 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 May 2024 | £295,000 | £295,000 | 21 CHESTNUT AVENUE |
14 Dec 2023 | £126,899 | £123,000 | 7 BENETS VIEW |
8 Aug 2023 | £112,020 | £110,000 | 11 BENETS VIEW |
6 Feb 2023 | £420,308 | £417,500 | 30 CHESTNUT AVENUE |
12 Aug 2022 | £289,855 | £288,500 | 29 CHESTNUT AVENUE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 21 Sep 2015. Using an estimated price of £411,253 means this house is valued at £3,639 per sq meter (£338 per sq foot).
The average size of a house on CHESTNUT AVENUE is 95 sq meters (1,026 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Offender given a caution | On or near Woodbine Close |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hollybush Road |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Benets View |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plantation Road |
May 2024 | Drugs | Under investigation | On or near Brick Kiln Road |