£78,924
This estimated value is based upon the latest sale price for the house of £50,000 on 13 Feb 2008. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £50,000 | 13 Feb 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 20 sq meters or 218 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 February 2008 the House Price Index for NORFOLK was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £50,000 results in an estimated price of approximately £78,924.
| 13 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £50,000 | £28,924 | £78,924 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 86.789 % | £43,394 | £93,394 |
| 3 Month Average | 63.180 % | £31,589 | £81,589 |
| 6 Month Average | 42.699 % | £21,349 | £71,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £91,404 | £90,000 | ROSE COTTAGE DENTAL PRACTICE THE TERRACE |
| 22 Mar 2024 | £66,014 | £65,000 | 28 MARKET PLACE |
| 16 Oct 2023 | £230,229 | £225,000 | 24 KINGS ARMS STREET |
| 22 Aug 2023 | £224,041 | £220,000 | 3 NORWICH ROAD |
| 9 Jun 2023 | £84,187 | £82,500 | 17 MARKET PLACE |
This house has a floor area of 20 sq meters or 218 sq feet when measured on 21 Dec 2011. Using an estimated price of £78,925 means this house is valued at £3,891 per sq meter (£361 per sq foot).
The average size of a house on KINGS ARMS STREET is 57 sq meters (620 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Awaiting court outcome | On or near King'S Arms Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King'S Arms Street |
| May 2024 | Public order | Unable to prosecute suspect | On or near King'S Arms Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King'S Arms Street |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Park Lane |