£247,274
This estimated value is based upon the latest sale price for the house of £53,000 on 9 Oct 1998. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £53,000 | 9 Oct 1998 |
| 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 October 1998 the House Price Index for NORFOLK was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £53,000 results in an estimated price of approximately £247,274.
| 9 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £53,000 | £194,274 | £247,274 |
The Postcode Pricing Model uses changes in average sales price within the IP21 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 | 329.393 % | £174,578 | £227,578 |
| 3 Month Average | 307.584 % | £163,019 | £216,019 |
| 6 Month Average | 360.628 % | £191,132 | £244,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £375,500 | £375,500 | FERNLEA NORWICH ROAD |
| 12 Mar 2024 | £235,620 | £232,000 | 25 ST ANDREWS ROAD |
| 20 Oct 2023 | £326,618 | £319,200 | 2 ST LEONARDS CLOSE |
| 12 Apr 2023 | £458,577 | £450,000 | 1 ALEXANDER WAY |
| 13 Jan 2023 | £190,509 | £190,000 | 5 THE TERRACE NORWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norwich Road |
| Oct 2024 | Public order | Awaiting court outcome | On or near Orchard Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pretty Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Diss Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near The Street |