£422,089
This estimated value is based upon the latest sale price for the house of £299,995 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £299,995 | 30 Oct 2015 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 sq feet |
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 October 2015 the House Price Index for NORFOLK was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £299,995 results in an estimated price of approximately £422,089.
| 30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £299,995 | £122,094 | £422,089 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | -1.010 % | £-3,030 | £296,964 |
| 3 Month Average | 18.057 % | £54,169 | £354,164 |
| 6 Month Average | 29.417 % | £88,250 | £388,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £173,215 | £171,000 | 57 KEELING WAY |
| 1 Sep 2023 | £410,245 | £405,000 | 8 NUTHATCH WAY |
| 8 Aug 2023 | £267,339 | £265,000 | 20 HAREBELL ROAD |
| 12 Jul 2023 | £179,922 | £177,500 | 36 KEELING WAY |
| 31 Jan 2023 | £248,778 | £249,950 | 54 NEW ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 2 Oct 2015. Using an estimated price of £422,089 means this house is valued at £3,014 per sq meter (£280 per sq foot).
The average size of a house on LONDON ROAD is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fallow Way |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Fallow Way |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fallow Way |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Fallow Way |
| Feb 2024 | Public order | Awaiting court outcome | On or near Phoenix Way |