£647,094
This estimated value is based upon the latest sale price for the house of £520,000 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £520,000 | 22 Feb 2019 |
| £275,000 | 12 Jul 2006 |
| 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 February 2019 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £520,000 results in an estimated price of approximately £647,094.
| 22 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £520,000 | £127,094 | £647,094 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 1.083 % | £5,632 | £525,632 |
| 3 Month Average | 11.551 % | £60,062 | £580,062 |
| 6 Month Average | 11.566 % | £60,142 | £580,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £437,898 | £430,000 | 237 COLLEGE ROAD |
| 4 Apr 2023 | £631,818 | £620,000 | 186 COLLEGE ROAD |
| 31 Mar 2023 | £732,228 | £720,000 | 120 COLLEGE ROAD |
| 3 Feb 2023 | £472,154 | £469,000 | 207 COLLEGE ROAD |
| 5 Jul 2022 | £707,085 | £700,000 | 170 COLLEGE ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 22 Feb 2018. Using an estimated price of £647,094 means this house is valued at £5,829 per sq meter (£541 per sq foot).
The average size of a house on THE AVENUES is 136 sq meters (1,471 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near College Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near College Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Recreation Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Recreation Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Recreation Road |