£511,762
This estimated value is based upon the latest sale price for the house of £488,000 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £488,000 | 18 Feb 2022 |
| £340,000 | 18 May 2016 |
| £287,500 | 3 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 February 2022 the House Price Index for NORFOLK was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £488,000 results in an estimated price of approximately £511,762.
| 18 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £488,000 | £23,762 | £511,762 |
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 | -28.966 % | £-141,356 | £346,643 |
| 3 Month Average | -12.115 % | £-59,121 | £428,878 |
| 6 Month Average | -6.931 % | £-33,824 | £454,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £304,508 | £300,000 | 12 TEASEL CLOSE |
| 23 Jun 2023 | £450,456 | £445,000 | 6 BLACKBERRY CLOSE |
| 2 Feb 2023 | £299,798 | £300,000 | 23 WHEATCROFT WAY |
| 14 Jul 2022 | £363,478 | £362,500 | 1 WHEATCROFT WAY |
| 27 Jun 2022 | £314,444 | £310,000 | 8 WHEATCROFT WAY |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 30 Oct 2015. Using an estimated price of £511,763 means this house is valued at £2,975 per sq meter (£276 per sq foot).
The average size of a house on BLACKBERRY CLOSE is 151 sq meters (1,632 sq feet).
This house is the largest in the street with a floor area of 172 sq meters (1,851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Blackberry Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wheatcroft Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Campion Road | |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Ash Close |