£348,700
This estimated value is based upon the latest sale price for the house of £325,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £325,000 | 28 Jun 2021 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 2021 the House Price Index for NORFOLK was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £325,000 results in an estimated price of approximately £348,700.
| 28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £325,000 | £23,700 | £348,700 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 6.940 % | £22,556 | £347,556 |
| 3 Month Average | -2.872 % | £-9,334 | £315,665 |
| 6 Month Average | 0.353 % | £1,147 | £326,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £375,560 | £370,000 | 36A DEREHAM ROAD |
| 22 Sep 2023 | £217,785 | £215,000 | 28 WEBSTER CLOSE |
| 31 Jul 2023 | £319,297 | £315,000 | 61 HOLWORTHY ROAD |
| 20 Mar 2023 | £230,168 | £228,000 | 5 WEBSTER CLOSE |
| 5 Jan 2023 | £296,603 | £298,000 | 48 DEREHAM ROAD |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 17 Feb 2020. Using an estimated price of £348,700 means this house is valued at £2,152 per sq meter (£199 per sq foot).
The average size of a house on HOUGHTON CLOSE is 128 sq meters (1,386 sq feet).
This house is the largest in the street with a floor area of 162 sq meters (1,743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Houghton Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Houghton Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Houghton Close |
| Mar 2024 | Anti-social behaviour | On or near Toftes Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Toftes Place |