£2,575,809
This estimated value is based upon the latest sale price for the house of £2,550,000 on 8 Jul 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £2,550,000 | 8 Jul 2022 |
| £1,500,000 | 30 Jan 2015 |
| £250,000 | 17 Oct 1997 |
| 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 July 2022 the House Price Index for NORFOLK was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £2,550,000 results in an estimated price of approximately £2,575,809.
| 8 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £2,550,000 | £25,809 | £2,575,809 |
The Postcode Pricing Model uses changes in average sales price within the NR25 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 | -57.488 % | £-1,465,952 | £1,084,047 |
| 3 Month Average | -17.720 % | £-451,871 | £2,098,128 |
| 6 Month Average | 21.261 % | £542,146 | £3,092,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £825,000 | £825,000 | 61 NEW ROAD |
| 1 Mar 2024 | £396,085 | £390,000 | 14 HIGH STREET |
| 5 Sep 2023 | £2,096,209 | £2,050,000 | CRANFORD HIGH STREET |
| 30 Jun 2023 | £258,502 | £253,322 | FAR POINT NEW ROAD |
| 4 Apr 2023 | £542,650 | £532,500 | THREE GABLES, 8 NEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
| May 2024 | Anti-social behaviour | On or near Westgate Street | |
| May 2024 | Anti-social behaviour | On or near Westgate Street | |
| May 2024 | Anti-social behaviour | On or near Westgate Street | |
| May 2024 | Anti-social behaviour | On or near The Chase |