£264,823
This estimated value is based upon the latest sale price for the house of £265,000 on 7 Sep 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £265,000 | 7 Sep 2022 |
| £189,950 | 31 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2022 the House Price Index for NORFOLK was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £265,000 results in an estimated price of approximately £264,823.
| 7 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £265,000 | £-176 | £264,823 |
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 | 15.627 % | £41,411 | £306,411 |
| 3 Month Average | -3.094 % | £-8,199 | £256,800 |
| 6 Month Average | -8.471 % | £-22,448 | £242,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £168,835 | £165,000 | 25 HEMMING WAY |
| 6 Jun 2023 | £260,215 | £255,000 | 13 HEMMING WAY |
| 4 Oct 2022 | £244,184 | £245,000 | 7 CUTTERS ROW |
| 7 Sep 2022 | £264,823 | £265,000 | 11 HEMMING WAY |
| 8 Jul 2022 | £270,713 | £268,000 | 17 HAVERS ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 19 Nov 2019. Using an estimated price of £264,823 means this house is valued at £2,188 per sq meter (£203 per sq foot).
The average size of a house on HEMMING WAY is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Bobbin Road | |
| Aug 2024 | Anti-social behaviour | On or near Bobbin Road | |
| Jun 2024 | Anti-social behaviour | On or near Bobbin Road | |
| Jun 2024 | Anti-social behaviour | On or near Bobbin Road | |
| Jun 2024 | Anti-social behaviour | On or near Bobbin Road |