£107,759
This estimated value is based upon the latest sale price for the house of £62,500 on 1 Dec 2010. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£62,500 | 1 Dec 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 December 2010 the House Price Index for NORFOLK was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £62,500 results in an estimated price of approximately £107,759.
1 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.8 | 149.7 | 72.415 % | £62,500 | £45,259 | £107,759 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | 94.046 % | £58,778 | £121,278 |
3 Month Average | 49.912 % | £31,195 | £93,695 |
6 Month Average | 44.797 % | £27,997 | £90,497 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £23,460,447 | £23,100,000 | WM MORRISON SUPERMARKETS PLC STATION ROAD |
12 Dec 2023 | £167,136 | £162,000 | 20 NORWICH ROAD |
11 Aug 2023 | £168,031 | £165,000 | 24 MALTHOUSE COURT |
30 Jun 2023 | £214,294 | £210,000 | 14 MALTHOUSE COURT |
3 Feb 2023 | £55,370 | £55,000 | 2 NEWTON COURT NORWICH ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Jul 2020. Using an estimated price of £107,759 means this house is valued at £1,632 per sq meter (£151 per sq foot).
The average size of a house on NORWICH ROAD is 113 sq meters (1,217 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ramillies Close |
Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Ramillies Close |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ramillies Close |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ramillies Close |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ramillies Close |