£271,824
This estimated value is based upon the latest sale price for the house of £48,400 on 19 Jul 1996. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £48,400 | 19 Jul 1996 |
| Detached |
| Freehold |
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 July 1996 the House Price Index for NORFOLK was 26.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 461.621%.Applying this 461.621% change to the original purchase price of £48,400 results in an estimated price of approximately £271,824.
| 19 Jul 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 149.7 | 461.621 % | £48,400 | £223,424 | £271,824 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | 573.359 % | £277,505 | £325,905 |
| 3 Month Average | 451.508 % | £218,529 | £266,929 |
| 6 Month Average | 474.764 % | £229,786 | £278,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £355,937 | £345,000 | 3 RINGERS CLOSE |
| 13 Oct 2023 | £250,694 | £245,000 | 44 DEREHAM ROAD |
| 20 Sep 2023 | £368,115 | £360,000 | 2 RINGERS CLOSE |
| 8 Jun 2023 | £275,521 | £270,000 | 12 CEDAR RISE |
| 3 Mar 2023 | £356,961 | £351,000 | 2 WELGATE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Welgate Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dereham Road |
| Apr 2024 | Anti-social behaviour | On or near Cedar Rise | |
| Apr 2024 | Anti-social behaviour | On or near Cedar Rise | |
| Apr 2024 | Anti-social behaviour | On or near Cedar Rise |