£343,888
This estimated value is based upon the latest sale price for the house of £199,000 on 21 Jan 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £199,000 | 21 Jan 2011 |
| £95,000 | 9 Jun 2000 |
| 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 January 2011 the House Price Index for NORFOLK was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £199,000 results in an estimated price of approximately £343,888.
| 21 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £199,000 | £144,888 | £343,888 |
The Postcode Pricing Model uses changes in average sales price within the NR29 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 | 21.483 % | £42,751 | £241,751 |
| 3 Month Average | 28.783 % | £57,278 | £256,278 |
| 6 Month Average | 6.264 % | £12,465 | £211,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £520,429 | £510,000 | IVY VILLA MAIN ROAD |
| 23 Jun 2023 | £225,519 | £221,000 | 81 SPRUCE AVENUE |
| 25 Apr 2023 | £382,148 | £375,000 | HIGHFIELD HOUSE ORMESBY LANE |
| 8 Jul 2022 | £313,138 | £310,000 | 1 ARCHWAY COTTAGES MAIN ROAD |
| 20 Jun 2022 | £671,862 | £657,500 | FIELD GRANGE ORMESBY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Decoy Road | |
| Apr 2024 | Anti-social behaviour | On or near Decoy Road | |
| Apr 2024 | Anti-social behaviour | On or near Decoy Road | |
| Apr 2024 | Anti-social behaviour | On or near Decoy Road | |
| Jul 2024 | Public order | Under investigation | On or near Eels Foot Road |