£425,562
This estimated value is based upon the latest sale price for the house of £260,000 on 19 Nov 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£260,000 | 19 Nov 2013 |
£247,500 | 9 Jan 2009 |
£197,000 | 4 Apr 2008 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2013 the House Price Index for NORFOLK was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £260,000 results in an estimated price of approximately £425,562.
19 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 149.7 | 63.678 % | £260,000 | £165,562 | £425,562 |
The Postcode Pricing Model uses changes in average sales price within the NR26 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 | 34.296 % | £89,169 | £349,169 |
3 Month Average | 53.343 % | £138,693 | £398,693 |
6 Month Average | 75.102 % | £195,265 | £455,265 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £258,703 | £253,000 | 14 GARDEN ROAD |
26 Jun 2023 | £316,339 | £310,000 | 4 MORLEY ROAD |
31 Mar 2023 | £127,123 | £125,000 | 5 ORTONVILLE COURT CREMERS DRIFT |
4 Apr 2022 | £347,536 | £335,000 | 3 MORLEY ROAD |
1 Mar 2022 | £255,764 | £245,000 | FLAT 1 23 ALEXANDRA ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 13 Mar 2014. Using an estimated price of £425,562 means this house is valued at £4,387 per sq meter (£407 per sq foot).
The average size of a house on MORLEY ROAD NORTH is 113 sq meters (1,216 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Edgebrook |
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cromer Road |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Cromer Road |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Cromer Road |