£284,408
This estimated value is based upon the latest sale price for the house of £265,000 on 9 Sep 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £265,000 | 9 Sep 2021 |
| £47,625 | 6 Jan 1995 |
| Semi-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 September 2021 the House Price Index for NORFOLK was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £265,000 results in an estimated price of approximately £284,408.
| 9 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £265,000 | £19,408 | £284,408 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 31.168 % | £82,595 | £347,595 |
| 3 Month Average | 19.498 % | £51,670 | £316,670 |
| 6 Month Average | -1.981 % | £-5,249 | £259,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £308,966 | £305,000 | 24 ABBEYGATE |
| 2 Aug 2023 | £316,927 | £315,000 | 84 ST NICHOLAS STREET |
| 29 Jun 2023 | £173,910 | £172,500 | 41 STATION ROAD |
| 21 Apr 2023 | £125,936 | £125,000 | 1 MUSEUM HOUSE MINSTERGATE |
| 11 Jan 2023 | £224,032 | £226,000 | 6 ABBEY MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Nicholas Street |
| Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near St Nicholas Street |
| Mar 2024 | Anti-social behaviour | On or near St Nicholas Street | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near St Nicholas Street |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near St Nicholas Street |