£167,650
This estimated value is based upon the latest sale price for the house of £145,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£145,000 | 18 Dec 2020 |
£133,000 | 19 Dec 2007 |
£104,250 | 16 Apr 2004 |
Terraced |
Leasehold |
Floor Area: 38 sq meters or 409 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 2020 the House Price Index for NORFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £145,000 results in an estimated price of approximately £167,650.
18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £145,000 | £22,650 | £167,650 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | -1.624 % | £-2,354 | £142,645 |
3 Month Average | 2.019 % | £2,926 | £147,926 |
6 Month Average | 3.885 % | £5,633 | £150,633 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £152,341 | £150,000 | 6 PINE CLOSE |
7 Mar 2024 | £914,043 | £900,000 | 1 UPTON ROAD |
7 Sep 2023 | £145,712 | £142,500 | 2 PINE CLOSE |
10 Mar 2023 | £457,643 | £450,000 | 1E UPTON ROAD |
1 Mar 2023 | £218,652 | £215,000 | FLAT 2 141 NEWMARKET ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 7 Sep 2016. Using an estimated price of £167,650 means this house is valued at £4,411 per sq meter (£409 per sq foot).
The average size of a house on PINE CLOSE is 62 sq meters (675 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Unable to prosecute suspect | On or near Newmarket Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coach House Court |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Waldeck Road |
Jul 2024 | Anti-social behaviour | On or near Belvedere Place | |
May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Belvedere Place |