£313,938
This estimated value is based upon the latest sale price for the house of £170,000 on 12 Aug 2005. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £170,000 | 12 Aug 2005 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2005 the House Price Index for NORFOLK was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £170,000 results in an estimated price of approximately £313,938.
| 12 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £170,000 | £143,938 | £313,938 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 69.005 % | £117,308 | £287,308 |
| 3 Month Average | 68.950 % | £117,214 | £287,214 |
| 6 Month Average | 67.391 % | £114,564 | £284,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £283,353 | £279,000 | 2 STOWFIELDS |
| 6 Sep 2023 | £250,523 | £245,000 | 12 STOWFIELDS |
| 28 Apr 2023 | £280,242 | £275,000 | 27 GUILTCROSS WAY |
| 24 Mar 2023 | £241,534 | £237,500 | 3 LEVERET GARDENS |
| 30 Aug 2022 | £218,522 | £217,500 | 2 REYNARD ROW |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 20 Nov 2013. Using an estimated price of £313,938 means this house is valued at £2,828 per sq meter (£262 per sq foot).
The average size of a house on SHORT DROVE is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Short Drove | |
| Jul 2024 | Anti-social behaviour | On or near Short Drove | |
| Jul 2024 | Anti-social behaviour | On or near Short Drove | |
| Jul 2024 | Anti-social behaviour | On or near Short Drove | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandfield Road |