£242,418
This estimated value is based upon the latest sale price for the house of £222,500 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £222,500 | 19 Nov 2021 |
| £145,000 | 10 Aug 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2021 the House Price Index for NORFOLK was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £222,500 results in an estimated price of approximately £242,418.
| 19 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £222,500 | £19,918 | £242,418 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | -11.033 % | £-24,547 | £197,952 |
| 3 Month Average | 6.173 % | £13,734 | £236,234 |
| 6 Month Average | 8.597 % | £19,128 | £241,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £252,185 | £249,995 | 6 RUSSETT CLOSE |
| 1 Mar 2024 | £205,330 | £202,175 | 45 BLENHEIM ROAD |
| 15 Dec 2023 | £257,926 | £250,000 | 39 FENLAND ROAD |
| 17 Nov 2023 | £246,251 | £240,000 | 88 FENLAND ROAD |
| 31 Oct 2023 | £266,042 | £260,000 | 27 BLENHEIM ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 16 May 2012. Using an estimated price of £242,418 means this house is valued at £3,030 per sq meter (£281 per sq foot).
The average size of a house on FENLAND ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Fenland Road |
| Sep 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Fenland Road |
| Oct 2024 | Anti-social behaviour | On or near Blenheim Road | |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |