£600,031
This estimated value is based upon the latest sale price for the house of £185,000 on 26 Oct 2001. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near New Road
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Price Paid | Date |
---|---|
£185,000 | 26 Oct 2001 |
Detached |
Freehold |
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 October 2001 the House Price Index for NORFOLK was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £185,000 results in an estimated price of approximately £600,031.
26 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.8 | 148.6 | 224.341 % | £185,000 | £415,031 | £600,031 |
The Postcode Pricing Model uses changes in average sales price within the PE33 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 | 221.739 % | £410,217 | £595,217 |
3 Month Average | 148.357 % | £274,461 | £459,461 |
6 Month Average | 185.881 % | £343,879 | £528,879 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £425,150 | £420,000 | 31 CEDAR GROVE |
31 Mar 2023 | £393,709 | £390,000 | 22 CEDAR GROVE |
16 Jan 2023 | £258,781 | £260,000 | 46 COMMON LANE |
30 Aug 2022 | £493,671 | £495,000 | OAK TREE LODGE, 4 HALL DRIVE |
3 Aug 2022 | £548,524 | £550,000 | 45 CEDAR GROVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near New Road |
Apr 2024 | Burglary | Under investigation | On or near New Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near New Road |
Mar 2024 | Public order | Under investigation | On or near Hall Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freebridge Haven |