£337,045
This estimated value is based upon the latest sale price for the house of £260,000 on 5 May 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £260,000 | 5 May 2017 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2017 the House Price Index for NORFOLK was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £260,000 results in an estimated price of approximately £337,045.
| 5 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £260,000 | £77,045 | £337,045 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | -7.116 % | £-18,501 | £241,498 |
| 3 Month Average | 20.005 % | £52,011 | £312,011 |
| 6 Month Average | 9.444 % | £24,555 | £284,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £238,067 | £236,000 | 10 RICHMOND PARK |
| 25 Sep 2023 | £378,340 | £370,000 | 6 VARRICK WAY |
| 22 Dec 2021 | £201,831 | £187,000 | 6 CAWDOR CLOSE |
| 28 May 2021 | £273,217 | £240,000 | 18 VARRICK WAY |
| 17 Nov 2020 | £268,625 | £230,000 | 9 RICHMOND PARK |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 28 Nov 2016. Using an estimated price of £337,045 means this house is valued at £3,064 per sq meter (£284 per sq foot).
The average size of a house on RICHMOND PARK is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Richmond Park |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Richmond Park |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cawdor Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Morar Drive |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Morar Drive |