£286,106
This estimated value is based upon the latest sale price for the house of £230,000 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 1 Jun 2018 |
| £169,950 | 1 Apr 2010 |
| £134,000 | 8 Nov 2005 |
| £45,000 | 10 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 June 2018 the House Price Index for NORFOLK was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £230,000 results in an estimated price of approximately £286,106.
| 1 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £230,000 | £56,106 | £286,106 |
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 | -10.532 % | £-24,224 | £205,775 |
| 3 Month Average | 14.170 % | £32,591 | £262,591 |
| 6 Month Average | 19.349 % | £44,501 | £274,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £249,478 | £246,120 | 52 CAERNARVON ROAD |
| 9 Jan 2023 | £467,796 | £470,000 | 72A CAERNARVON ROAD |
| 2 Dec 2021 | £281,237 | £262,500 | 50 WELLINGTON ROAD |
| 1 Sep 2021 | £282,868 | £262,500 | 45 WELLINGTON ROAD |
| 10 Aug 2021 | £301,216 | £270,000 | 70 CAERNARVON ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 10 Mar 2016. Using an estimated price of £286,107 means this house is valued at £3,919 per sq meter (£364 per sq foot).
The average size of a house on CAERNARVON ROAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caernarvon Road |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Caernarvon Road |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Caernarvon Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Wellington Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Milford Road |