£164,789
This estimated value is based upon the latest sale price for the house of £122,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£122,000 | 31 Mar 2016 |
£39,950 | 11 Feb 2000 |
£34,950 | 2 Jul 1999 |
£27,500 | 28 Jan 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 2016 the House Price Index for NORFOLK was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £122,000 results in an estimated price of approximately £164,789.
31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £122,000 | £42,789 | £164,789 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 9.496 % | £11,585 | £133,585 |
3 Month Average | 26.620 % | £32,475 | £154,475 |
6 Month Average | 29.985 % | £36,582 | £158,582 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £157,007 | £155,000 | 5 CROCODILE COURT ELY STREET |
1 Jul 2022 | £139,375 | £139,000 | 60 ORCHARD STREET |
20 Jun 2022 | £170,408 | £168,000 | 26 CANTERBURY PLACE |
17 May 2022 | £147,785 | £145,000 | 51 LOTHIAN STREET |
17 Mar 2022 | £117,098 | £113,000 | 11 JESSICA COURT ORCHARD STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 May 2019. Using an estimated price of £164,790 means this house is valued at £2,574 per sq meter (£239 per sq foot).
The average size of a house on ORCHARD STREET is 60 sq meters (647 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Orchard Street | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |