£129,689
This estimated value is based upon the latest sale price for the house of £106,000 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £106,000 | 28 Feb 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 February 2020 the House Price Index for NORFOLK was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £106,000 results in an estimated price of approximately £129,689.
| 28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £106,000 | £23,689 | £129,689 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 21.167 % | £22,436 | £128,436 |
| 3 Month Average | 18.235 % | £19,329 | £125,329 |
| 6 Month Average | 24.366 % | £25,827 | £131,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £147,582 | £145,000 | 62 NORFOLK STREET |
| 1 Dec 2023 | £183,205 | £180,000 | 38 GLOBE PLACE |
| 7 Sep 2023 | £129,658 | £128,000 | 24 JOHNSON PLACE |
| 1 Feb 2023 | £294,802 | £295,000 | 52 VAUXHALL STREET |
| 6 Jan 2023 | £161,738 | £162,500 | 40 WALPOLE GARDENS |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 May 2013. Using an estimated price of £129,690 means this house is valued at £1,729 per sq meter (£160 per sq foot).
The average size of a house on GLOBE PLACE is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manchester Place |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Manchester Place |
| Feb 2024 | Anti-social behaviour | On or near Manchester Place | |
| Feb 2024 | Anti-social behaviour | On or near Manchester Place | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manchester Place |