£256,369
This estimated value is based upon the latest sale price for the house of £208,000 on 20 Feb 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £208,000 | 20 Feb 2020 |
| £159,995 | 10 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 February 2020 the House Price Index for NORFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £208,000 results in an estimated price of approximately £256,369.
| 20 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £208,000 | £48,369 | £256,369 |
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 | 16.449 % | £34,212 | £242,212 |
| 3 Month Average | 23.334 % | £48,534 | £256,534 |
| 6 Month Average | 21.946 % | £45,647 | £253,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £348,022 | £345,000 | 8 SORREL WAY |
| 19 Dec 2023 | £268,243 | £260,000 | 1 SORREL WAY |
| 16 Oct 2023 | £287,530 | £281,000 | 14 HAREBELL ROAD |
| 2 Aug 2023 | £361,520 | £355,000 | 4 BURDOCK CLOSE |
| 10 Mar 2023 | £292,891 | £288,000 | 7 BURDOCK CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 6 Jul 2015. Using an estimated price of £256,370 means this house is valued at £4,202 per sq meter (£390 per sq foot).
The average size of a house on BURDOCK CLOSE is 115 sq meters (1,247 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Downham Road | |
| Sep 2024 | Anti-social behaviour | On or near Downham Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Downham Road |
| Aug 2024 | Anti-social behaviour | On or near Downham Road | |
| Aug 2024 | Anti-social behaviour | On or near Downham Road |