£303,170
This estimated value is based upon the latest sale price for the house of £128,000 on 7 May 2003. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £128,000 | 7 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 614 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 May 2003 the House Price Index for NORFOLK was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £128,000 results in an estimated price of approximately £303,170.
| 7 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £128,000 | £175,170 | £303,170 |
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 | 94.969 % | £121,560 | £249,560 |
| 3 Month Average | 126.125 % | £161,439 | £289,439 |
| 6 Month Average | 118.447 % | £151,612 | £279,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £1,822,071 | £1,800,000 | 3 MOUNT PLEASANT |
| 16 Jan 2023 | £348,359 | £350,000 | 11 ALBERT TERRACE |
| 8 Sep 2022 | £619,993 | £625,000 | 75 NEWMARKET ROAD |
| 29 Jul 2022 | £288,978 | £288,200 | 2A HILL STREET |
| 20 Jul 2022 | £551,485 | £550,000 | 1 PAXTON PLACE |
This house has a floor area of 57 sq meters or 614 sq feet when measured on 15 Jan 2010. Using an estimated price of £303,170 means this house is valued at £5,312 per sq meter (£493 per sq foot).
The average size of a house on ALBERT TERRACE is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hill Street | |
| Mar 2024 | Anti-social behaviour | On or near Hill Street | |
| Jan 2024 | Anti-social behaviour | On or near Albert Terrace | |
| Jan 2024 | Anti-social behaviour | On or near Albert Terrace | |
| Jan 2024 | Anti-social behaviour | On or near Albert Terrace |