£295,102
This estimated value is based upon the latest sale price for the house of £169,950 on 8 Dec 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£169,950 | 8 Dec 2011 |
£152,000 | 21 Dec 2006 |
£30,000 | 15 Dec 1998 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,031 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 December 2011 the House Price Index for NORFOLK was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £169,950 results in an estimated price of approximately £295,102.
8 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £169,950 | £125,152 | £295,102 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 35.397 % | £60,156 | £230,106 |
3 Month Average | 71.293 % | £121,162 | £291,112 |
6 Month Average | 55.390 % | £94,135 | £264,085 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £332,724 | £322,500 | 2 SENDALL ROAD |
30 Oct 2023 | £306,972 | £300,000 | 2 DUNCAN WAY |
8 Sep 2023 | £378,340 | £370,000 | 52 NORWICH ROAD |
27 Jan 2023 | £365,978 | £365,000 | 96 NORWICH ROAD |
24 Jan 2023 | £611,634 | £610,000 | 132 NORWICH ROAD |
This house has a floor area of 95 sq meters or 1,031 sq feet when measured on 17 Aug 2011. Using an estimated price of £295,103 means this house is valued at £3,080 per sq meter (£286 per sq foot).
The average size of a house on NORWICH ROAD is 112 sq meters (1,207 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foundry Court |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foundry Court |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foundry Court |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foundry Court |
Apr 2024 | Anti-social behaviour | On or near Foundry Court |