£502,119
This estimated value is based upon the latest sale price for the house of £135,000 on 24 Jul 2000. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Waveney Road
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Price Paid | Date |
---|---|
£135,000 | 24 Jul 2000 |
£85,000 | 17 May 1996 |
Detached |
Freehold |
Floor Area: 165 sq meters or 1,776 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 July 2000 the House Price Index for NORFOLK was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £135,000 results in an estimated price of approximately £502,119.
24 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.0 | 148.6 | 271.941 % | £135,000 | £367,119 | £502,119 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | 374.106 % | £505,043 | £640,043 |
3 Month Average | 290.890 % | £392,701 | £527,701 |
6 Month Average | 305.017 % | £411,773 | £546,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £198,473 | £195,000 | 16 RANWORTH |
28 Sep 2023 | £200,564 | £198,000 | 1 KIRSTEAD |
23 Aug 2023 | £343,001 | £340,000 | 8 SHEPLEY CORNER |
9 Jun 2023 | £243,955 | £241,000 | 7 BURE CLOSE |
17 Jan 2023 | £283,664 | £285,000 | 6 BURE CLOSE |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 6 Jun 2014. Using an estimated price of £502,120 means this house is valued at £3,043 per sq meter (£282 per sq foot).
The average size of a house on GAYTON ROAD is 173 sq meters (1,863 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Waveney Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Colney Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colney Road |
Mar 2024 | Anti-social behaviour | On or near Lamport Court | |
Jan 2024 | Anti-social behaviour | On or near Lamport Court |