£317,522
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Aug 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 22 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 August 2017 the House Price Index for NORFOLK was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £250,000 results in an estimated price of approximately £317,522.
| 22 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £250,000 | £67,522 | £317,522 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | -8.698 % | £-21,745 | £228,254 |
| 3 Month Average | 7.762 % | £19,404 | £269,404 |
| 6 Month Average | 22.197 % | £55,493 | £305,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £270,000 | £270,000 | 23 GREENS ROAD |
| 15 Dec 2023 | £213,740 | £210,000 | 71 CROMER ROAD |
| 13 Sep 2023 | £283,626 | £280,000 | 61 BRADFIELD ROAD |
| 14 Jul 2023 | £385,184 | £380,000 | 19 GREENS ROAD |
| 23 Jun 2023 | £248,004 | £245,000 | 5 MILLARD CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 26 May 2017. Using an estimated price of £317,522 means this house is valued at £3,175 per sq meter (£294 per sq foot).
The average size of a house on GREENS ROAD is 137 sq meters (1,483 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingsway |
| Apr 2024 | Shoplifting | Under investigation | On or near Greens Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Suffield Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Suffield Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cromer Road |