£270,056
This estimated value is based upon the latest sale price for the house of £217,000 on 11 Jan 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£217,000 | 11 Jan 2019 |
£154,000 | 21 Sep 2016 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 January 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 24.450%.Applying this 24.450% change to the original purchase price of £217,000 results in an estimated price of approximately £270,056.
11 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £217,000 | £53,056 | £270,056 |
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 | -9.379 % | £-20,353 | £196,646 |
3 Month Average | -1.248 % | £-2,707 | £214,292 |
6 Month Average | -0.717 % | £-1,556 | £215,443 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2024 | £115,000 | £115,000 | 29 COLLS ROAD |
7 Dec 2023 | £140,827 | £136,500 | 29 HOLMES CLOSE |
9 Nov 2023 | £153,907 | £150,000 | 83 PAINE ROAD |
31 Aug 2023 | £185,343 | £182,000 | 12 COLLS ROAD |
11 Apr 2023 | £277,694 | £272,500 | 103 WITARD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 May 2016. Using an estimated price of £270,056 means this house is valued at £3,068 per sq meter (£285 per sq foot).
The average size of a house on WITARD ROAD is 93 sq meters (1,001 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Witard Road |
May 2024 | Public order | Awaiting court outcome | On or near Parking Area |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Witard Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |