£436,194
This estimated value is based upon the latest sale price for the house of £345,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£345,000 | 26 Jan 2018 |
£249,995 | 23 Jun 2014 |
£182,500 | 19 Jul 2013 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 January 2018 the House Price Index for NORFOLK was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £345,000 results in an estimated price of approximately £436,194.
26 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £345,000 | £91,194 | £436,194 |
The Postcode Pricing Model uses changes in average sales price within the NR26 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 | 10.326 % | £35,625 | £380,625 |
3 Month Average | 8.213 % | £28,333 | £373,333 |
6 Month Average | 38.243 % | £131,937 | £476,937 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £300,619 | £296,000 | 16 BEECH AVENUE |
6 Mar 2024 | £326,009 | £321,000 | 12 BEECH AVENUE |
1 Mar 2023 | £310,180 | £305,000 | 34 BEECH AVENUE |
11 Aug 2022 | £421,973 | £420,000 | 8 LINDEN GROVE |
1 Aug 2022 | £356,668 | £355,000 | 8 HAZEL AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 12 Dec 2017. Using an estimated price of £436,194 means this house is valued at £4,690 per sq meter (£435 per sq foot).
The average size of a house on WOODLAND RISE WEST is 99 sq meters (1,075 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Birch Grove |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Birch Grove |
Jul 2024 | Anti-social behaviour | On or near Seaview Crescent | |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Knight'S Green |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knight'S Green |