£421,558
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Mar 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 14 Mar 2013 |
| £130,000 | 15 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,785 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 2013 the House Price Index for NORFOLK was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £250,000 results in an estimated price of approximately £421,558.
| 14 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £250,000 | £171,558 | £421,558 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 69.614 % | £174,035 | £424,035 |
| 3 Month Average | 40.002 % | £100,006 | £350,006 |
| 6 Month Average | 57.307 % | £143,267 | £393,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £327,847 | £325,000 | 72 WELLS ROAD |
| 15 Dec 2023 | £340,462 | £330,000 | 17 FISHER ROAD |
| 20 Oct 2023 | £532,085 | £520,000 | HOLLY HOUSE HARP CLOSE |
| 14 Sep 2023 | £230,072 | £225,000 | 21 CLARENDON ROAD |
| 19 Jun 2023 | £500,020 | £490,000 | 5 CHAPPEL HILL |
This house has a floor area of 165 sq meters or 1,785 sq feet when measured on 8 Jan 2010. Using an estimated price of £421,558 means this house is valued at £2,541 per sq meter (£236 per sq foot).
The average size of a house on WELLS ROAD is 133 sq meters (1,436 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Clarendon Road |
| Jul 2024 | Anti-social behaviour | On or near Field Lane | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Olivia Close |
| Jul 2024 | Anti-social behaviour | On or near Digby Drive | |
| May 2024 | Anti-social behaviour | On or near Sculthorpe Eastgate |