£313,380
This estimated value is based upon the latest sale price for the house of £240,000 on 8 Mar 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 8 Mar 2017 |
| £180,000 | 19 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 March 2017 the House Price Index for NORFOLK was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £240,000 results in an estimated price of approximately £313,380.
| 8 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £240,000 | £73,380 | £313,380 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | 55.045 % | £132,107 | £372,107 |
| 3 Month Average | 22.045 % | £52,908 | £292,908 |
| 6 Month Average | 16.424 % | £39,418 | £279,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2022 | £388,185 | £390,000 | 11 BRAILSFORD CLOSE |
| 27 Jun 2022 | £455,742 | £446,000 | 11 BRAMLEY ROAD |
| 23 Jun 2022 | £827,693 | £810,000 | 3 OYSTER MEADOW |
| 15 Jun 2022 | £526,249 | £515,000 | THE GABLES UNION DRIFT |
| 14 Oct 2021 | £448,097 | £402,000 | 16 BRAILSFORD CLOSE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 3 Jul 2014. Using an estimated price of £313,381 means this house is valued at £2,725 per sq meter (£253 per sq foot).
The average size of a house on NORWICH ROAD is 113 sq meters (1,217 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Galloway Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Norwich Road |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Dreibholz Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Keepers Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Orchard |