£339,757
This estimated value is based upon the latest sale price for the house of £287,500 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£287,500 | 16 Oct 2020 |
£170,000 | 30 Jun 2004 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,227 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 2020 the House Price Index for NORFOLK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £287,500 results in an estimated price of approximately £339,757.
16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £287,500 | £52,257 | £339,757 |
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 | 25.968 % | £74,657 | £362,157 |
3 Month Average | -5.269 % | £-15,148 | £272,351 |
6 Month Average | 19.549 % | £56,203 | £343,703 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £371,728 | £368,500 | 6 NIXON COURT |
9 Aug 2023 | £1,553,010 | £1,525,000 | BARN 1 LODGE FARM NORWICH ROAD |
23 Mar 2023 | £833,927 | £820,000 | VALLEY HOUSE, 18 VALLEY LANE |
19 May 2022 | £174,547 | £170,000 | 1 THE BEECHES |
4 Feb 2022 | £613,273 | £580,500 | 4 NORWICH ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 10 Dec 2018. Using an estimated price of £339,758 means this house is valued at £2,980 per sq meter (£276 per sq foot).
The average size of a house on THORNAGE ROAD is 188 sq meters (2,023 sq feet).
This house is the smallest in the street with a floor area of 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B1110 |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kerridge Way |
Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Parking Area |
Apr 2024 | Possession of weapons | Awaiting court outcome | On or near High Street |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near New Street |