£214,261
This estimated value is based upon the latest sale price for the house of £135,000 on 7 Mar 2008. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£135,000 | 7 Mar 2008 |
£42,000 | 4 Oct 1999 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 2008 the House Price Index for NORFOLK was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £135,000 results in an estimated price of approximately £214,261.
7 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.712 % | £135,000 | £79,261 | £214,261 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 137.913 % | £186,182 | £321,182 |
3 Month Average | 91.496 % | £123,518 | £258,518 |
6 Month Average | 81.156 % | £109,560 | £244,560 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £292,540 | £290,000 | 83 GLOUCESTER STREET |
11 Apr 2024 | £217,892 | £216,000 | 74 GLOUCESTER STREET |
15 Nov 2023 | £282,162 | £275,000 | 22 CHESTER STREET |
1 Aug 2023 | £297,363 | £292,000 | 150 RUPERT STREET |
26 Jun 2023 | £446,192 | £437,250 | 6 CHESTER STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 May 2020. Using an estimated price of £214,261 means this house is valued at £2,782 per sq meter (£258 per sq foot).
The average size of a house on GLOUCESTER STREET is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Leicester Street | |
Apr 2024 | Anti-social behaviour | On or near Leicester Street | |
Apr 2024 | Anti-social behaviour | On or near Leicester Street | |
Apr 2024 | Anti-social behaviour | On or near Leicester Street | |
Jul 2024 | Other theft | Under investigation | On or near Gloucester Street |