£552,410
This estimated value is based upon the latest sale price for the house of £450,000 on 3 Apr 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £450,000 | 3 Apr 2020 |
| £275,000 | 9 Oct 2009 |
| Detached |
| Freehold |
| Floor Area: 210 sq meters or 2,260 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 April 2020 the House Price Index for NORFOLK was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £450,000 results in an estimated price of approximately £552,410.
| 3 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £450,000 | £102,410 | £552,410 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | -5.140 % | £-23,132 | £426,867 |
| 3 Month Average | 22.207 % | £99,932 | £549,932 |
| 6 Month Average | 16.855 % | £75,847 | £525,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2022 | £385,332 | £390,000 | 11 BRAILSFORD CLOSE |
| 28 Oct 2022 | £113,775 | £115,000 | 19 PAVILION WAY |
| 15 Jun 2022 | £522,382 | £515,000 | THE GABLES UNION DRIFT |
| 9 May 2022 | £402,586 | £395,000 | TOUCHNGO CHERRY DRIFT |
| 14 Oct 2021 | £444,804 | £402,000 | 16 BRAILSFORD CLOSE |
This house has a floor area of 210 sq meters or 2,260 sq feet when measured on 7 Feb 2019. Using an estimated price of £552,410 means this house is valued at £2,630 per sq meter (£244 per sq foot).
The average size of a house on NORWICH ROAD is 113 sq meters (1,217 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Galloway Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Union Drift |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dreibholz Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Keepers Close |
| Mar 2024 | Burglary | Under investigation | On or near Keepers Close |