£389,923
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Nov 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£280,000 | 30 Nov 2015 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 November 2015 the House Price Index for NORFOLK was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £280,000 results in an estimated price of approximately £389,923.
30 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £280,000 | £109,923 | £389,923 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | -6.355 % | £-17,793 | £262,206 |
3 Month Average | 10.829 % | £30,321 | £310,321 |
6 Month Average | 32.193 % | £90,141 | £370,141 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £410,245 | £405,000 | 8 NUTHATCH WAY |
8 Aug 2023 | £267,339 | £265,000 | 20 HAREBELL ROAD |
12 Jul 2023 | £179,922 | £177,500 | 36 KEELING WAY |
31 Jan 2023 | £248,778 | £249,950 | 54 NEW ROAD |
10 Mar 2022 | £725,384 | £700,000 | 4 MEADOWSWEET LOKE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 9 Sep 2015. Using an estimated price of £389,924 means this house is valued at £3,046 per sq meter (£283 per sq foot).
The average size of a house on LONDON ROAD is 120 sq meters (1,294 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadowsweet Loke |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fallow Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fallow Way |
Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Fallow Way |
Jan 2024 | Drugs | Unable to prosecute suspect | On or near Fallow Way |