£317,419
This estimated value is based upon the latest sale price for the house of £238,950 on 8 Sep 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £238,950 | 8 Sep 2016 |
| £189,000 | 5 Oct 2012 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,008 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 September 2016 the House Price Index for NORFOLK was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £238,950 results in an estimated price of approximately £317,419.
| 8 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £238,950 | £78,469 | £317,419 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 34.066 % | £81,399 | £320,349 |
| 3 Month Average | 36.331 % | £86,811 | £325,761 |
| 6 Month Average | 38.096 % | £91,029 | £329,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £583,641 | £575,000 | THE CHAPEL CHAPEL COURT |
| 1 Nov 2023 | £431,387 | £425,000 | 3 CHESTNUT CLOSE |
| 4 Aug 2023 | £781,840 | £775,000 | CHURCHILL HOUSE, 12A WELLS ROAD |
| 19 Apr 2023 | £293,156 | £290,000 | 15 WELLS ROAD |
| 10 Nov 2022 | £168,953 | £171,000 | 18 WELLS ROAD |
This house has a floor area of 93 sq meters or 1,008 sq feet when measured on 9 May 2011. Using an estimated price of £317,419 means this house is valued at £3,389 per sq meter (£314 per sq foot).
There is one other house on the street which we know the size of, this is PRESBYTERY GARDENS BUTCHERS LANE it is 151.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Awaiting court outcome | On or near Star Meadow |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Star Meadow |
| Jan 2024 | Public order | Under investigation | On or near Star Meadow |
| Jan 2024 | Public order | Under investigation | On or near Star Meadow |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Oak Street |