£400,065
This estimated value is based upon the latest sale price for the house of £227,500 on 20 Nov 2009. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£227,500 | 20 Nov 2009 |
£233,000 | 11 Apr 2008 |
£180,000 | 8 Dec 2006 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,064 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 November 2009 the House Price Index for NORFOLK was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £227,500 results in an estimated price of approximately £400,065.
20 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.853 % | £227,500 | £172,565 | £400,065 |
The Postcode Pricing Model uses changes in average sales price within the PE36 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 | 126.295 % | £287,320 | £514,820 |
3 Month Average | 102.778 % | £233,819 | £461,319 |
6 Month Average | 64.345 % | £146,385 | £373,885 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £345,305 | £340,000 | 14 COLLINGWOOD ROAD |
19 Dec 2023 | £330,145 | £320,000 | 8 COLLINGWOOD ROAD |
25 Aug 2023 | £285,143 | £280,000 | 11 COLLINGWOOD ROAD |
24 Nov 2022 | £378,231 | £380,000 | 3 EVANS GARDENS |
23 Nov 2022 | £368,278 | £370,000 | 10 NELSON DRIVE |
This house has a floor area of 98 sq meters or 1,064 sq feet when measured on 21 Jul 2009. Using an estimated price of £400,066 means this house is valued at £4,046 per sq meter (£375 per sq foot).
The average size of a house on NELSON DRIVE is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Nelson Drive |
Jul 2024 | Anti-social behaviour | On or near Chatsworth Road | |
Jul 2024 | Burglary | Under investigation | On or near Ramsay Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waveney Road |
Jun 2024 | Anti-social behaviour | On or near Waveney Road |