£186,875
This estimated value is based upon the latest sale price for the house of £150,000 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £150,000 | 26 Apr 2019 |
| £180,000 | 28 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2019 the House Price Index for NORFOLK was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £150,000 results in an estimated price of approximately £186,875.
| 26 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £150,000 | £36,875 | £186,875 |
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 | -3.443 % | £-5,163 | £144,836 |
| 3 Month Average | 13.756 % | £20,633 | £170,633 |
| 6 Month Average | 10.656 % | £15,983 | £165,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2024 | £170,000 | £170,000 | 40 GLEBE CLOSE |
| 12 Apr 2024 | £279,427 | £277,000 | DUNVEGAN GLEBE CLOSE |
| 21 Mar 2024 | £507,802 | £500,000 | 23 GLEBE CLOSE |
| 30 Jun 2023 | £232,663 | £228,000 | 6 ORCHARD WAY |
| 20 Jun 2023 | £4,898,159 | £4,800,000 | DEERS LEAP, 38 NORWICH ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Feb 2019. Using an estimated price of £186,875 means this house is valued at £2,708 per sq meter (£251 per sq foot).
The average size of a house on HITCHCOCK CLOSE is 102 sq meters (1,097 sq feet).
This house is the largest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Orchard Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Way |
| Oct 2024 | Violence and sexual offences | Offender given a caution | On or near Glebe Close |
| Aug 2024 | Anti-social behaviour | On or near Glebe Close |