£306,606
This estimated value is based upon the latest sale price for the house of £208,000 on 18 Mar 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Ludham Road
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| Price Paid | Date |
|---|---|
| £208,000 | 18 Mar 2015 |
| £200,000 | 11 Jul 2006 |
| £122,000 | 15 Mar 2002 |
| 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 March 2015 the House Price Index for NORFOLK was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £208,000 results in an estimated price of approximately £306,606.
| 18 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £208,000 | £98,606 | £306,606 |
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 | 52.485 % | £109,168 | £317,168 |
| 3 Month Average | 34.286 % | £71,314 | £279,314 |
| 6 Month Average | 20.940 % | £43,555 | £251,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £237,074 | £235,000 | 2 MEADOW COURT |
| 13 Jun 2023 | £364,414 | £360,000 | FOX FIELD ORCHARD DRIVE |
| 11 Apr 2023 | £606,531 | £600,000 | THE ALDERS BRIDGE ROAD |
| 26 Jan 2022 | £326,246 | £310,000 | ONE LIME STATION ROAD |
| 28 Jul 2021 | £625,200 | £544,000 | MULBERRY HOUSE STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ludham Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludham Road |
| Apr 2024 | Burglary | Under investigation | On or near Ludham Road |
| Apr 2024 | Other theft | Under investigation | On or near Ludham Road |
| Apr 2024 | Anti-social behaviour | On or near Glebe Close |