£341,163
This estimated value is based upon the latest sale price for the house of £225,000 on 19 Sep 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£225,000 | 19 Sep 2014 |
£195,000 | 20 Jul 2012 |
Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 September 2014 the House Price Index for NORFOLK was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £225,000 results in an estimated price of approximately £341,163.
19 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £225,000 | £116,163 | £341,163 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 19.888 % | £44,748 | £269,748 |
3 Month Average | 55.481 % | £124,832 | £349,832 |
6 Month Average | 50.252 % | £113,066 | £338,066 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £479,161 | £475,000 | 5 THE CLOSE |
7 Dec 2023 | £355,937 | £345,000 | 6 BAKER CLOSE |
4 Oct 2023 | £496,271 | £485,000 | 3 RANDELL CLOSE |
15 Sep 2023 | £373,227 | £365,000 | 1 BAKER CLOSE |
6 May 2022 | £359,362 | £350,000 | 52 HAPPISBURGH ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 12 Apr 2012. Using an estimated price of £341,163 means this house is valued at £3,446 per sq meter (£320 per sq foot).
The average size of a house on LITESTER CLOSE is 118 sq meters (1,279 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Litester Close |
Jun 2024 | Burglary | Unable to prosecute suspect | On or near Randell Close |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodside |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Woodside |
Jun 2024 | Other crime | Unable to prosecute suspect | On or near Thirlby Road |