£552,244
This estimated value is based upon the latest sale price for the house of £377,500 on 1 Jun 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £377,500 | 1 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 June 2015 the House Price Index for NORFOLK was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £377,500 results in an estimated price of approximately £552,244.
| 1 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £377,500 | £174,744 | £552,244 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | 21.939 % | £82,820 | £460,320 |
| 3 Month Average | 44.167 % | £166,729 | £544,229 |
| 6 Month Average | 25.987 % | £98,100 | £475,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £672,000 | £672,000 | 40 MILE END ROAD |
| 12 Mar 2024 | £304,681 | £300,000 | 18 BELVEDERE PLACE |
| 13 Nov 2023 | £423,244 | £412,500 | 16 LEOPOLD CLOSE |
| 22 Aug 2023 | £152,755 | £150,000 | 41 CAIRNS COURT |
| 29 Mar 2023 | £254,246 | £250,000 | 47 MELROSE ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 18 Mar 2015. Using an estimated price of £552,244 means this house is valued at £4,640 per sq meter (£431 per sq foot).
The average size of a house on MILE END ROAD is 155 sq meters (1,678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Kinver Close | |
| Jun 2024 | Anti-social behaviour | On or near Kinver Close | |
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Kinver Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Avenue East |
| Jul 2024 | Anti-social behaviour | On or near Belvedere Place |