£488,625
This estimated value is based upon the latest sale price for the house of £312,500 on 20 Dec 2007. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£312,500 | 20 Dec 2007 |
£287,000 | 1 Oct 2004 |
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 December 2007 the House Price Index for NORFOLK was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £312,500 results in an estimated price of approximately £488,625.
20 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 149.7 | 56.360 % | £312,500 | £176,125 | £488,625 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 15.526 % | £48,519 | £361,019 |
3 Month Average | 44.284 % | £138,388 | £450,888 |
6 Month Average | 43.690 % | £136,530 | £449,030 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £772,018 | £755,000 | MEADOW VIEW BEARS ROAD |
5 Sep 2023 | £419,242 | £410,000 | THE FIRS VICARAGE ROAD |
31 Aug 2023 | £611,020 | £600,000 | HILL COTTAGE SCHOOL ROAD |
30 Jun 2023 | £242,357 | £237,500 | 7 CHAPEL ROAD |
15 Jun 2023 | £285,726 | £280,000 | 1 DUTCH COTTAGES MUNDESLEY ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stable Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandy Lane |
May 2024 | Public order | Under investigation | On or near St Peters Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near North Walsham Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Walsham Road |