£416,223
This estimated value is based upon the latest sale price for the house of £222,000 on 22 Apr 2005. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £222,000 | 22 Apr 2005 |
| £125,000 | 30 Jan 2001 |
| £40,000 | 4 Jan 2000 |
| £35,000 | 12 Aug 1999 |
| Detached |
| Freehold |
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 April 2005 the House Price Index for NORFOLK was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £222,000 results in an estimated price of approximately £416,223.
| 22 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £222,000 | £194,223 | £416,223 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | 114.203 % | £253,530 | £475,530 |
| 3 Month Average | 40.940 % | £90,886 | £312,886 |
| 6 Month Average | 56.261 % | £124,899 | £346,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £579,681 | £570,000 | THE OAKS THE PADDOCKS |
| 9 Mar 2023 | £260,856 | £256,500 | HOLLY CORNER, 6 GORSE VIEW |
| 21 Feb 2023 | £583,900 | £580,000 | HONEYSUCKLE HOUSE THE PADDOCKS |
| 25 Apr 2022 | £643,202 | £620,000 | 48A ELMHAM ROAD |
| 12 Nov 2021 | £844,378 | £775,000 | 49 ELMHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Willow Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinney Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High House Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wood Drive |
| May 2024 | Anti-social behaviour | On or near Wood Drive |