£178,848
This estimated value is based upon the latest sale price for the house of £97,950 on 11 Nov 2005. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£97,950 | 11 Nov 2005 |
£74,000 | 25 Nov 2004 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 November 2005 the House Price Index for NORFOLK was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £97,950 results in an estimated price of approximately £178,848.
11 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.0 | 149.7 | 82.592 % | £97,950 | £80,898 | £178,848 |
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 | 57.363 % | £56,186 | £154,136 |
3 Month Average | 81.822 % | £80,144 | £178,094 |
6 Month Average | 76.188 % | £74,625 | £172,575 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £243,745 | £240,000 | A C C DISTRIBUTION FARADAY PLACE |
20 Dec 2023 | £237,291 | £230,000 | 43 FIR ROAD |
27 Oct 2023 | £173,951 | £170,000 | 5 ELM ROAD |
27 Sep 2023 | £92,029 | £90,000 | 29 ROWAN CLOSE |
7 Aug 2023 | £208,765 | £205,000 | 30 ELM ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 12 Nov 2014. Using an estimated price of £178,849 means this house is valued at £2,208 per sq meter (£205 per sq foot).
The average size of a house on BEECH CLOSE is 99 sq meters (1,074 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Unable to prosecute suspect | On or near Beech Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Beech Close |
Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Beech Close |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beech Close |
Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Beech Close |