£176,551
This estimated value is based upon the latest sale price for the house of £110,000 on 11 Dec 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£110,000 | 11 Dec 2013 |
£80,000 | 11 Aug 2004 |
Terraced |
Freehold |
Floor Area: 121 sq meters or 1,302 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 December 2013 the House Price Index for NORFOLK was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £110,000 results in an estimated price of approximately £176,551.
11 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £110,000 | £66,551 | £176,551 |
The Postcode Pricing Model uses changes in average sales price within the NR31 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 | 41.826 % | £46,008 | £156,008 |
3 Month Average | 42.549 % | £46,803 | £156,803 |
6 Month Average | 36.793 % | £40,471 | £150,471 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £171,189 | £169,000 | 7 STATION ROAD |
10 Mar 2023 | £114,075 | £113,000 | 4 STATION ROAD |
2 Aug 2022 | £144,611 | £145,000 | 11 LICHFIELD ROAD |
8 Apr 2022 | £185,364 | £180,000 | 9 LICHFIELD ROAD |
14 Jan 2022 | £183,119 | £174,000 | 1 LICHFIELD ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 15 Oct 2021. Using an estimated price of £176,552 means this house is valued at £1,459 per sq meter (£135 per sq foot).
The average size of a house on LICHFIELD ROAD is 104 sq meters (1,126 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Station Road |
Feb 2024 | Shoplifting | Awaiting court outcome | On or near Station Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jervis Close |
Mar 2024 | Other theft | Under investigation | On or near Tamworth Lane |