£205,871
This estimated value is based upon the latest sale price for the house of £152,000 on 5 Apr 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £152,000 | 5 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 35 sq meters or 382 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 April 2016 the House Price Index for NORFOLK was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £152,000 results in an estimated price of approximately £205,871.
| 5 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £152,000 | £53,871 | £205,871 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | 11.546 % | £17,550 | £169,550 |
| 3 Month Average | 0.201 % | £305 | £152,305 |
| 6 Month Average | 7.306 % | £11,104 | £163,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £186,633 | £185,000 | FLAT 19 MORGAN HOUSE ROUEN ROAD |
| 14 Jul 2023 | £167,251 | £165,000 | 8 LANES YARD |
| 23 Mar 2023 | £502,736 | £498,000 | HOWARD HOUSE KING STREET |
| 13 Jul 2022 | £190,513 | £190,000 | FLAT 52 MORGAN HOUSE ROUEN ROAD |
| 4 Jul 2022 | £196,529 | £196,000 | FLAT 33 MORGAN HOUSE ROUEN ROAD |
This house has a floor area of 35 sq meters or 382 sq feet when measured on 17 Nov 2008. Using an estimated price of £205,871 means this house is valued at £5,789 per sq meter (£537 per sq foot).
The average size of a house on KING STREET is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stepping Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stepping Lane |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stepping Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stepping Lane |