£118,938
This estimated value is based upon the latest sale price for the house of £46,900 on 20 Dec 2002. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£46,900 | 20 Dec 2002 |
£23,000 | 18 Apr 1997 |
Terraced |
Freehold |
Floor Area: 46 sq meters or 495 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 2002 the House Price Index for NORFOLK was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £46,900 results in an estimated price of approximately £118,938.
20 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 148.6 | 153.600 % | £46,900 | £72,038 | £118,938 |
The Postcode Pricing Model uses changes in average sales price within the NR30 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 | 68.912 % | £32,319 | £79,219 |
3 Month Average | 110.124 % | £51,648 | £98,548 |
6 Month Average | 119.610 % | £56,097 | £102,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £116,489 | £115,000 | 55 VICTORIA ROAD |
2 Aug 2023 | £76,166 | £75,500 | 4 GROVE COTTAGES |
21 Jul 2023 | £152,046 | £150,000 | 16 ST PETERS ROAD |
19 Jul 2023 | £101,364 | £100,000 | 3 GROVE COTTAGES |
15 Mar 2023 | £75,713 | £75,000 | 98 NELSON ROAD CENTRAL |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 25 Mar 2019. Using an estimated price of £118,938 means this house is valued at £2,585 per sq meter (£240 per sq foot).
The average size of a house on NELSON ROAD CENTRAL is 99 sq meters (1,074 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Old Wellington Passage | |
Jan 2024 | Drugs | Local resolution | On or near Old Wellington Passage |
Mar 2024 | Anti-social behaviour | On or near Victoria Road | |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Road |
Jan 2024 | Public order | Under investigation | On or near Victoria Road |