£505,228
This estimated value is based upon the latest sale price for the house of £410,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £410,000 | 23 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 2018 the House Price Index for NORFOLK was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £410,000 results in an estimated price of approximately £505,228.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £410,000 | £95,228 | £505,228 |
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 | 11.020 % | £45,183 | £455,183 |
| 3 Month Average | 15.824 % | £64,879 | £474,879 |
| 6 Month Average | 15.803 % | £64,790 | £474,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2022 | £385,332 | £390,000 | 11 BRAILSFORD CLOSE |
| 6 Sep 2022 | £1,661,582 | £1,675,000 | 87 NORWICH ROAD |
| 27 Jun 2022 | £452,393 | £446,000 | 11 BRAMLEY ROAD |
| 23 Jun 2022 | £821,611 | £810,000 | 3 OYSTER MEADOW |
| 15 Jun 2022 | £522,382 | £515,000 | THE GABLES UNION DRIFT |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 14 Feb 2018. Using an estimated price of £505,229 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on NORWICH ROAD is 113 sq meters (1,217 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Union Drift |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Galloway Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bramley Road |
| Mar 2024 | Public order | Under investigation | On or near Bramley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramley Road |