£709,549
This estimated value is based upon the latest sale price for the house of £700,000 on 7 Jul 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £700,000 | 7 Jul 2023 |
| £382,500 | 12 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 188 sq meters or 2,024 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 July 2023 the House Price Index for NORFOLK was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £700,000 results in an estimated price of approximately £709,549.
| 7 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £700,000 | £9,549 | £709,549 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | -18.904 % | £-132,328 | £567,671 |
| 3 Month Average | -15.450 % | £-108,148 | £591,851 |
| 6 Month Average | -6.400 % | £-44,803 | £655,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £508,904 | £500,000 | 18 THE MOORINGS |
| 26 Sep 2023 | £482,671 | £476,500 | 22 THE MOORINGS |
| 7 Jul 2023 | £709,550 | £700,000 | 10 THE MOORINGS |
| 24 Mar 2023 | £211,997 | £210,000 | 4 INDIGO YARD |
| 15 Aug 2022 | £196,471 | £197,000 | 14 UNICORN YARD |
This house has a floor area of 188 sq meters or 2,024 sq feet when measured on 4 Mar 2009. Using an estimated price of £709,550 means this house is valued at £3,772 per sq meter (£350 per sq foot).
The average size of a house on THE MOORINGS is 167 sq meters (1,803 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Mills Yard |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near New Mills Yard |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near New Mills Yard |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near New Mills Yard |
| Apr 2024 | Drugs | Awaiting court outcome | On or near New Mills Yard |