£326,268
This estimated value is based upon the latest sale price for the house of £242,500 on 30 Jun 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £242,500 | 30 Jun 2016 |
| £214,950 | 15 Jun 2004 |
| Semi-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 June 2016 the House Price Index for NORFOLK was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £242,500 results in an estimated price of approximately £326,268.
| 30 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £242,500 | £83,768 | £326,268 |
The Postcode Pricing Model uses changes in average sales price within the NR16 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 | 30.119 % | £73,038 | £315,538 |
| 3 Month Average | 41.250 % | £100,032 | £342,532 |
| 6 Month Average | 39.886 % | £96,722 | £339,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £507,892 | £495,000 | OWL HOUSE MARKET STREET |
| 7 Nov 2023 | £513 | £500 | RUMBLES FISH BAR CHEESE HILL |
| 17 Aug 2023 | £371,704 | £365,000 | THE LODGE MARKET STREET |
| 14 Aug 2023 | £580,469 | £570,000 | THE OLD FRIENDS MEETING HOUSE CHURCH ROAD |
| 11 May 2022 | £184,815 | £180,000 | BUTCHERS SHOP MARKET STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Market Street |
| Apr 2024 | Public order | Formal action is not in the public interest | On or near Market Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Market Street |
| Apr 2024 | Anti-social behaviour | On or near Grigsons Wood | |
| Apr 2024 | Anti-social behaviour | On or near Grigsons Wood |