£322,690
This estimated value is based upon the latest sale price for the house of £236,500 on 15 Apr 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £236,500 | 15 Apr 2016 |
| £217,000 | 16 Feb 2007 |
| £77,000 | 4 Dec 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 879 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 April 2016 the House Price Index for NORFOLK was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £236,500 results in an estimated price of approximately £322,690.
| 15 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £236,500 | £86,190 | £322,690 |
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 | 45.209 % | £106,918 | £343,418 |
| 3 Month Average | 19.937 % | £47,151 | £283,651 |
| 6 Month Average | 33.548 % | £79,341 | £315,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £2,053,087 | £1,990,000 | 86 NEWMARKET ROAD |
| 29 Nov 2023 | £1,333,859 | £1,300,000 | 87 NEWMARKET ROAD |
| 15 Nov 2023 | £861,878 | £840,000 | 3A ALBEMARLE ROAD |
| 16 Jun 2023 | £1,836,810 | £1,800,000 | 3 MOUNT PLEASANT |
| 16 Jan 2023 | £350,938 | £350,000 | 11 ALBERT TERRACE |
This house has a floor area of 81 sq meters or 879 sq feet when measured on 3 Jul 2010. Using an estimated price of £322,690 means this house is valued at £3,949 per sq meter (£366 per sq foot).
The average size of a house on NEWMARKET ROAD is 166 sq meters (1,788 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Albemarle Road |
| May 2024 | Drugs | Local resolution | On or near Albemarle Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Town Close Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Town Close Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town Close Road |