£902,448
This estimated value is based upon the latest sale price for the house of £565,000 on 30 Jan 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£565,000 | 30 Jan 2014 |
Terraced |
Freehold |
Floor Area: 211 sq meters or 2,278 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 2014 the House Price Index for NORFOLK was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £565,000 results in an estimated price of approximately £902,448.
30 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £565,000 | £337,448 | £902,448 |
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 | 26.030 % | £147,071 | £712,071 |
3 Month Average | 56.789 % | £320,860 | £885,860 |
6 Month Average | 60.679 % | £342,835 | £907,835 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £2,025,439 | £1,990,000 | 86 NEWMARKET ROAD |
29 Nov 2023 | £1,319,536 | £1,300,000 | 87 NEWMARKET ROAD |
15 Nov 2023 | £852,623 | £840,000 | 3A ALBEMARLE ROAD |
20 Sep 2023 | £821,504 | £811,000 | 3 FAIRMILE CLOSE |
16 Jun 2023 | £1,822,071 | £1,800,000 | 3 MOUNT PLEASANT |
This house has a floor area of 211 sq meters or 2,278 sq feet when measured on 9 Mar 2012. Using an estimated price of £902,448 means this house is valued at £4,262 per sq meter (£396 per sq foot).
The average size of a house on NEWMARKET ROAD is 166 sq meters (1,788 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Offender given a caution | On or near Fairmile Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairmile Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairmile Close |
Feb 2024 | Other crime | Awaiting court outcome | On or near Fairmile Close |
Jan 2024 | Anti-social behaviour | On or near Lime Tree Road |