£377,481
This estimated value is based upon the latest sale price for the house of £312,500 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£312,500 | 14 Aug 2020 |
£259,995 | 25 Sep 2015 |
Detached |
Freehold |
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 August 2020 the House Price Index for NORFOLK was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £312,500 results in an estimated price of approximately £377,481.
14 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £312,500 | £64,981 | £377,481 |
The Postcode Pricing Model uses changes in average sales price within the IP25 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 | 26.193 % | £81,853 | £394,353 |
3 Month Average | 23.082 % | £72,131 | £384,631 |
6 Month Average | 12.725 % | £39,766 | £352,266 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 May 2024 | £205,000 | £205,000 | 17 PARKLANDS AVENUE |
19 Apr 2024 | £221,927 | £220,000 | 8 FEN FOLGATE |
20 Dec 2023 | £571,563 | £554,000 | PARK COTTAGE HIGH STREET |
20 Dec 2023 | £257,926 | £250,000 | 2 EVA CLOSE |
5 Dec 2023 | £422,998 | £410,000 | 12 PARKLANDS AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Unable to prosecute suspect | On or near Oak Meadow |
Jul 2024 | Anti-social behaviour | On or near Oak Meadow | |
May 2024 | Violence and sexual offences | Under investigation | On or near Oak Meadow |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near High Street |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Mill Road |