£629,750
This estimated value is based upon the latest sale price for the house of £246,500 on 11 Dec 2002. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£246,500 | 11 Dec 2002 |
£250,000 | 30 Nov 2001 |
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 2002 the House Price Index for NORFOLK was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £246,500 results in an estimated price of approximately £629,750.
11 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 149.7 | 155.477 % | £246,500 | £383,250 | £629,750 |
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 | 39.054 % | £96,267 | £342,767 |
3 Month Average | 81.551 % | £201,022 | £447,522 |
6 Month Average | 60.343 % | £148,745 | £395,245 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jun 2023 | £520,429 | £510,000 | IVY VILLA MAIN ROAD |
25 Apr 2023 | £382,148 | £375,000 | HIGHFIELD HOUSE ORMESBY LANE |
5 Aug 2022 | £234,848 | £233,750 | 3 GLEBE FARM CLOSE |
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 |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ormesby Lane |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Glebe Farm Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Glebe Farm Close |
May 2024 | Other crime | Investigation complete; no suspect identified | On or near Market Lane |
Jul 2024 | Theft from the person | Local resolution | On or near Pound Lane |