£431,839
This estimated value is based upon the latest sale price for the house of £357,500 on 11 Aug 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£357,500 | 11 Aug 2020 |
£222,500 | 25 Jul 2013 |
£185,000 | 11 Jun 2004 |
£52,500 | 11 Dec 1996 |
Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 August 2020 the House Price Index for NORFOLK was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £357,500 results in an estimated price of approximately £431,839.
11 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £357,500 | £74,339 | £431,839 |
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 | 85.698 % | £306,371 | £663,871 |
3 Month Average | 18.202 % | £65,071 | £422,571 |
6 Month Average | 18.425 % | £65,870 | £423,370 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £527,767 | £511,550 | 61 MEADOW RISE ROAD |
23 Oct 2023 | £322,321 | £315,000 | 4 JESSOPP ROAD |
6 Oct 2023 | £409,296 | £400,000 | 2 JESSOPP ROAD |
5 Sep 2023 | £434,580 | £425,000 | 7 MEADOW RISE CLOSE |
26 Jun 2023 | £413,282 | £405,000 | 8 MEADOW RISE AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Aug 2019. Using an estimated price of £431,839 means this house is valued at £4,798 per sq meter (£445 per sq foot).
The average size of a house on MEADOW RISE CLOSE is 109 sq meters (1,179 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Jessopp Close |
Jul 2024 | Drugs | Under investigation | On or near Jessopp Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Jessopp Close |
Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Jessopp Close |
Jul 2024 | Anti-social behaviour | On or near Jessopp Close |