£398,919
This estimated value is based upon the latest sale price for the house of £239,500 on 3 Jun 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £239,500 | 3 Jun 2013 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 June 2013 the House Price Index for NORFOLK was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £239,500 results in an estimated price of approximately £398,919.
| 3 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £239,500 | £159,419 | £398,919 |
The Postcode Pricing Model uses changes in average sales price within the NR19 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 | 18.635 % | £44,629 | £284,129 |
| 3 Month Average | 82.791 % | £198,283 | £437,783 |
| 6 Month Average | 63.156 % | £151,259 | £390,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £242,592 | £239,000 | 1 SIMLA VILLAS |
| 28 Sep 2023 | £121,554 | £120,000 | 14 OLDFIELD COURT |
| 6 Jul 2023 | £162,183 | £160,000 | 31D NORWICH STREET |
| 30 Jun 2023 | £116,410 | £115,000 | 17A NORWICH STREET |
| 28 Apr 2023 | £103,616 | £102,500 | 15A NORWICH STREET |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 22 Mar 2013. Using an estimated price of £398,919 means this house is valued at £3,324 per sq meter (£308 per sq foot).
There is one other house on the street which we know the size of, this is COWPER LODGE THOMPSONS WAY it is 113.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Thompson Way |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Thompson Way |
| Mar 2024 | Robbery | Under investigation | On or near Wellington Road |
| Mar 2024 | Drugs | Local resolution | On or near Wellington Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellington Road |