£562,291
This estimated value is based upon the latest sale price for the house of £435,000 on 3 Apr 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£435,000 | 3 Apr 2017 |
Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 2017 the House Price Index for NORFOLK was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £435,000 results in an estimated price of approximately £562,291.
3 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £435,000 | £127,291 | £562,291 |
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 | -13.744 % | £-59,785 | £375,214 |
3 Month Average | 5.050 % | £21,967 | £456,967 |
6 Month Average | 6.213 % | £27,025 | £462,025 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £415,000 | £415,000 | 6 LINDFORD DRIVE |
1 Mar 2024 | £273,000 | £273,000 | 7 KINGSWOOD CLOSE |
2 Sep 2023 | £359,598 | £355,000 | 38 KINGSWOOD CLOSE |
25 Aug 2023 | £403,530 | £400,000 | 7 ABINGER WAY |
20 Jun 2023 | £373,525 | £369,000 | 19 KINGSWOOD CLOSE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 31 Jan 2017. Using an estimated price of £562,291 means this house is valued at £4,016 per sq meter (£373 per sq foot).
There is one other house on the street which we know the size of, this is 8 ELSTEAD CLOSE it is 106.5
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Denmead Close |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Denmead Close |
Apr 2024 | Burglary | Under investigation | On or near Buckland Rise |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norton Drive |