£296,702
This estimated value is based upon the latest sale price for the house of £176,000 on 24 May 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £176,000 | 24 May 2013 |
| £178,000 | 2 Dec 2005 |
| £112,000 | 12 Apr 2001 |
| £77,500 | 1 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 May 2013 the House Price Index for NORFOLK was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £176,000 results in an estimated price of approximately £296,702.
| 24 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £176,000 | £120,702 | £296,702 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 21.054 % | £37,054 | £213,054 |
| 3 Month Average | 71.835 % | £126,428 | £302,428 |
| 6 Month Average | 66.975 % | £117,876 | £293,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £245,578 | £240,000 | 14 HEARTSEASE ROAD |
| 21 Aug 2023 | £201,128 | £197,500 | 69 MALLOW ROAD |
| 3 Aug 2023 | £210,802 | £207,000 | 20 HEARTSEASE ROAD |
| 30 Sep 2022 | £349,766 | £350,000 | 33 MALLOW ROAD |
| 30 Sep 2022 | £139,907 | £140,000 | 22 MALLOW ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 29 Jan 2013. Using an estimated price of £296,703 means this house is valued at £2,722 per sq meter (£252 per sq foot).
The average size of a house on HEARTSEASE ROAD is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Thistle Close |