£409,589
This estimated value is based upon the latest sale price for the house of £305,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£305,000 | 27 May 2016 |
£240,000 | 5 Jan 2007 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 May 2016 the House Price Index for NORFOLK was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £305,000 results in an estimated price of approximately £409,589.
27 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £305,000 | £104,589 | £409,589 |
The Postcode Pricing Model uses changes in average sales price within the NR26 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 | 132.016 % | £402,647 | £707,647 |
3 Month Average | 65.873 % | £200,913 | £505,913 |
6 Month Average | 60.812 % | £185,477 | £490,477 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £508,904 | £500,000 | 9 WEYBOURNE ROAD |
14 Nov 2023 | £634,392 | £625,000 | 6 HOLT ROAD |
14 Nov 2023 | £862,773 | £850,000 | MAGNOLIA COTTAGE, 8 HOLT ROAD |
2 Aug 2023 | £168,978 | £167,500 | FLAT 1 SHERINGHAM COURT WEYBOURNE ROAD |
9 Jan 2023 | £154,273 | £155,000 | FLAT 16 SHERINGHAM COURT WEYBOURNE ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 7 Mar 2016. Using an estimated price of £409,589 means this house is valued at £3,441 per sq meter (£319 per sq foot).
The average size of a house on WEYBOURNE ROAD is 97 sq meters (1,045 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
Apr 2024 | Public order | Under investigation | On or near Montague Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Montague Road |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Montague Road |