£367,224
This estimated value is based upon the latest sale price for the house of £307,000 on 8 Sep 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £307,000 | 8 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 September 2020 the House Price Index for NORFOLK was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £307,000 results in an estimated price of approximately £367,224.
| 8 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £307,000 | £60,224 | £367,224 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 26.842 % | £82,405 | £389,405 |
| 3 Month Average | 20.551 % | £63,090 | £370,090 |
| 6 Month Average | 21.595 % | £66,296 | £373,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £409,296 | £400,000 | 25 HAMLET CLOSE |
| 9 Aug 2023 | £366,612 | £360,000 | 135 MUNDESLEY ROAD |
| 30 Jun 2023 | £382,669 | £375,000 | 17 HAMLET CLOSE |
| 23 Jun 2023 | £377,566 | £370,000 | 109 MUNDESLEY ROAD |
| 23 Jun 2023 | £234,703 | £230,000 | 5 LYNGATE ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 18 Mar 2019. Using an estimated price of £367,224 means this house is valued at £2,415 per sq meter (£224 per sq foot).
The average size of a house on MUNDESLEY ROAD is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Maybank |
| Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Osborne Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patch Meadow |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Patch Meadow |