£251,712
This estimated value is based upon the latest sale price for the house of £165,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £165,000 | 29 Aug 2014 |
| £170,000 | 31 Aug 2007 |
| £56,500 | 26 Mar 1999 |
| Detached |
| Freehold |
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 August 2014 the House Price Index for NORFOLK was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £165,000 results in an estimated price of approximately £251,712.
| 29 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £165,000 | £86,712 | £251,712 |
The Postcode Pricing Model uses changes in average sales price within the IP25 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 | 68.747 % | £113,431 | £278,431 |
| 3 Month Average | 60.357 % | £99,588 | £264,588 |
| 6 Month Average | 47.497 % | £78,370 | £243,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £297,584 | £295,000 | 24 MALTHOUSE CLOSE |
| 27 Oct 2023 | £230,229 | £225,000 | 43 QUEENSWAY |
| 17 Aug 2023 | £224,041 | £220,000 | 8 QUEENSWAY |
| 16 Jun 2023 | £244,908 | £240,000 | 20 MALTHOUSE CLOSE |
| 26 Apr 2023 | £214,003 | £210,000 | 12 FLEMING COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Malthouse Close |
| May 2024 | Criminal damage and arson | Awaiting court outcome | On or near Merton Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merton Road |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Merton Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merton Road |