£390,019
This estimated value is based upon the latest sale price for the house of £243,000 on 12 Dec 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £243,000 | 12 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2013 the House Price Index for NORFOLK was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £243,000 results in an estimated price of approximately £390,019.
| 12 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £243,000 | £147,019 | £390,019 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | 3.440 % | £8,358 | £251,358 |
| 3 Month Average | 22.911 % | £55,673 | £298,673 |
| 6 Month Average | 24.391 % | £59,269 | £302,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £264,500 | £264,500 | 22 NORVIC DRIVE |
| 24 Nov 2023 | £334,959 | £330,000 | 46 NORVIC DRIVE |
| 10 Nov 2023 | £304,508 | £300,000 | 9 NORVIC DRIVE |
| 29 Sep 2023 | £303,885 | £300,000 | 35 NORVIC DRIVE |
| 22 Jun 2023 | £399,843 | £395,000 | 10 CHALFONT WALK |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 10 Sep 2013. Using an estimated price of £390,019 means this house is valued at £4,482 per sq meter (£416 per sq foot).
The average size of a house on LENG CRESCENT is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leng Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Norvic Drive |
| Jan 2024 | Anti-social behaviour | On or near Rugge Drive | |
| Jan 2024 | Anti-social behaviour | On or near Rugge Drive | |
| Jan 2024 | Anti-social behaviour | On or near Rugge Drive |