£331,760
This estimated value is based upon the latest sale price for the house of £270,000 on 23 Jan 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £270,000 | 23 Jan 2020 |
| £219,995 | 2 Aug 2016 |
| £46,600 | 10 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2020 the House Price Index for NORFOLK was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £270,000 results in an estimated price of approximately £331,760.
| 23 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £270,000 | £61,760 | £331,760 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 14.463 % | £39,049 | £309,049 |
| 3 Month Average | 24.531 % | £66,234 | £336,234 |
| 6 Month Average | 18.445 % | £49,801 | £319,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £330,071 | £325,000 | 8 VICTORY ROAD |
| 22 Mar 2024 | £330,071 | £325,000 | 3 HIGH HATTERS CLOSE |
| 28 Nov 2023 | £441,199 | £430,000 | 17 HIGH HATTERS CLOSE |
| 30 Oct 2023 | £329,995 | £322,500 | 5 HIGH HATTERS CLOSE |
| 20 Oct 2023 | £414,412 | £405,000 | 24 VICTORY ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 25 May 2016. Using an estimated price of £331,761 means this house is valued at £4,423 per sq meter (£410 per sq foot).
The average size of a house on VICTORY ROAD is 103 sq meters (1,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near The Rowans |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Churchill Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Churchill Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Way |