£1,058,782
This estimated value is based upon the latest sale price for the house of £625,000 on 1 Jul 2010. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Westgate
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Price Paid | Date |
---|---|
£625,000 | 1 Jul 2010 |
£485,000 | 24 Mar 2005 |
Detached |
Freehold |
Floor Area: 226 sq meters or 2,438 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 July 2010 the House Price Index for NORFOLK was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £625,000 results in an estimated price of approximately £1,058,782.
1 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.405 % | £625,000 | £433,782 | £1,058,782 |
The Postcode Pricing Model uses changes in average sales price within the NR22 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 | 14.410 % | £90,063 | £715,063 |
3 Month Average | 0.382 % | £2,389 | £627,389 |
6 Month Average | 23.183 % | £144,893 | £769,893 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £276,101 | £273,500 | 15 ST PETERS ROAD |
28 Jul 2022 | £451,716 | £450,500 | 3 THE OLD VICARAGE SCARBOROUGH ROAD |
13 Jul 2022 | £502,604 | £501,251 | 31 SCARBOROUGH ROAD |
28 Jan 2022 | £973,477 | £925,000 | 29 ST PETERS ROAD |
1 Nov 2021 | £616,463 | £570,000 | 1 THE OLD VICARAGE SCARBOROUGH ROAD |
This house has a floor area of 226 sq meters or 2,438 sq feet when measured on 9 Apr 2010. Using an estimated price of £1,058,782 means this house is valued at £4,674 per sq meter (£434 per sq foot).
The average size of a house on FOLGATE LANE is 268 sq meters (2,890 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Westgate |
Mar 2024 | Anti-social behaviour | On or near Mount Pleasant | |
Mar 2024 | Anti-social behaviour | On or near Friday Market | |
Feb 2024 | Anti-social behaviour | On or near Station Road | |
Feb 2024 | Anti-social behaviour | On or near Station Road |