£434,859
This estimated value is based upon the latest sale price for the house of £360,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£360,000 | 28 Aug 2020 |
Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 August 2020 the House Price Index for NORFOLK was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £360,000 results in an estimated price of approximately £434,859.
28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £360,000 | £74,859 | £434,859 |
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 | -28.562 % | £-102,824 | £257,175 |
3 Month Average | 25.291 % | £91,047 | £451,047 |
6 Month Average | 20.667 % | £74,401 | £434,401 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £761,703 | £750,000 | 16 NEWFOUND DRIVE |
27 Oct 2023 | £399,064 | £390,000 | 3 HARMER CRESCENT |
18 Aug 2023 | £585,561 | £575,000 | 21 NEWFOUND DRIVE |
27 Jan 2023 | £506,353 | £505,000 | 2 SOFTLEY DRIVE |
4 Jul 2022 | £959,615 | £950,000 | 3 GURNEY LANE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 27 Jul 2017. Using an estimated price of £434,859 means this house is valued at £4,064 per sq meter (£377 per sq foot).
The average size of a house on SOFTLEY DRIVE is 151 sq meters (1,628 sq feet).
This house is the smallest in the street with a floor area of 107 sq meters (1,151 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Harmer Lane | |
Jun 2024 | Burglary | Under investigation | On or near Stratford Crescent |
Jun 2024 | Other crime | Under investigation | On or near Gilbert Way |
Jun 2024 | Public order | Local resolution | On or near Gilbert Way |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilbert Way |