£552,458
This estimated value is based upon the latest sale price for the house of £323,000 on 9 Oct 2012. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £323,000 | 9 Oct 2012 |
| £307,500 | 19 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,446 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 October 2012 the House Price Index for NORFOLK was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £323,000 results in an estimated price of approximately £552,458.
| 9 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £323,000 | £229,458 | £552,458 |
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 | 36.684 % | £118,490 | £441,490 |
| 3 Month Average | 56.169 % | £181,424 | £504,424 |
| 6 Month Average | 50.819 % | £164,146 | £487,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £284,972 | £278,500 | 64 HALL LANE |
| 29 Sep 2023 | £127,818 | £125,000 | 5 THOMAS DIX COURT |
| 20 Sep 2023 | £265,861 | £260,000 | 28 LOUIS ARTHUR COURT NEW ROAD |
| 29 Aug 2023 | £583,524 | £573,000 | EASTGATE, 8 NEW ROAD |
| 23 Jun 2023 | £214,294 | £210,000 | 56 HALL LANE |
This house has a floor area of 134 sq meters or 1,446 sq feet when measured on 29 Sep 2010. Using an estimated price of £552,458 means this house is valued at £4,111 per sq meter (£381 per sq foot).
The average size of a house on NEW ROAD is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near New Road |
| Jul 2024 | Anti-social behaviour | On or near New Road | |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near New Road |
| May 2024 | Anti-social behaviour | On or near New Road | |
| May 2024 | Anti-social behaviour | On or near New Road |