£241,368
This estimated value is based upon the latest sale price for the house of £130,000 on 23 Mar 2009. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£130,000 | 23 Mar 2009 |
Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 March 2009 the House Price Index for NORFOLK was 80.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 85.668%.Applying this 85.668% change to the original purchase price of £130,000 results in an estimated price of approximately £241,368.
23 Mar 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.0 | 148.6 | 85.668 % | £130,000 | £111,368 | £241,368 |
The Postcode Pricing Model uses changes in average sales price within the NR25 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 | 166.521 % | £216,476 | £346,476 |
3 Month Average | 134.942 % | £175,424 | £305,424 |
6 Month Average | 116.724 % | £151,741 | £281,741 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £283,820 | £280,000 | 38 ALBERT STREET |
25 Mar 2022 | £295,490 | £285,150 | 13 LETHERINGSETT HILL |
7 Feb 2022 | £435,208 | £415,000 | THE OLD SCHOOL 26 NEW STREET |
16 Sep 2021 | £458,246 | £425,250 | 2A TOWN CLOSE |
16 Sep 2021 | £382,545 | £355,000 | 8 TOWN CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 3 Aug 2018. Using an estimated price of £241,369 means this house is valued at £4,234 per sq meter (£393 per sq foot).
The average size of a house on NEW STREET is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town Close |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Town Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Court |
Jan 2024 | Anti-social behaviour | On or near Mill Court | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Mill Court |