£276,247
This estimated value is based upon the latest sale price for the house of £175,500 on 21 Mar 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Eastern Avenue
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| Price Paid | Date |
|---|---|
| £175,500 | 21 Mar 2014 |
| £163,000 | 14 May 2010 |
| £133,000 | 1 Dec 2003 |
| £51,750 | 26 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 794 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 March 2014 the House Price Index for NORFOLK was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £175,500 results in an estimated price of approximately £276,247.
| 21 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £175,500 | £100,747 | £276,247 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 106.806 % | £187,444 | £362,944 |
| 3 Month Average | 73.079 % | £128,254 | £303,754 |
| 6 Month Average | 51.799 % | £90,907 | £266,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £329,434 | £325,000 | 60 LAUNDRY LANE |
| 7 Jul 2023 | £364,911 | £360,000 | 39 POUND LANE |
| 1 Mar 2023 | £262,473 | £260,000 | 14 EASTERN CLOSE |
| 13 Feb 2023 | £259,825 | £260,000 | 5 EASTERN AVENUE |
| 5 Jan 2023 | £246,837 | £248,000 | 20 EASTERN CRESCENT |
This house has a floor area of 73 sq meters or 794 sq feet when measured on 25 Jan 2010. Using an estimated price of £276,248 means this house is valued at £3,742 per sq meter (£347 per sq foot).
The average size of a house on EASTERN CLOSE is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Eastern Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Eastern Avenue |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Eastern Avenue |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Eastern Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastern Road |