£223,449
This estimated value is based upon the latest sale price for the house of £180,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£180,000 | 16 Nov 2018 |
£125,000 | 1 Oct 2013 |
£60,000 | 8 Aug 2001 |
£39,000 | 20 Feb 1998 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2018 the House Price Index for NORFOLK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £180,000 results in an estimated price of approximately £223,449.
16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £180,000 | £43,449 | £223,449 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | 54.863 % | £98,753 | £278,753 |
3 Month Average | 24.811 % | £44,660 | £224,660 |
6 Month Average | 16.408 % | £29,534 | £209,534 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £237,291 | £230,000 | 94 SPENCER STREET |
15 Dec 2023 | £224,395 | £217,500 | 28 NORTHCOTE ROAD |
26 Sep 2023 | £245,410 | £240,000 | 17 NORTHCOTE ROAD |
25 Aug 2023 | £234,224 | £230,000 | 107 SPENCER STREET |
30 Jun 2023 | £236,744 | £232,000 | 6 KNOWSLEY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 16 Jul 2018. Using an estimated price of £223,450 means this house is valued at £3,286 per sq meter (£305 per sq foot).
The average size of a house on SPENCER STREET is 74 sq meters (798 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Road |
Aug 2024 | Anti-social behaviour | On or near Northcote Road | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northcote Road |
Aug 2024 | Vehicle crime | Awaiting court outcome | On or near Northcote Road |
Jul 2024 | Bicycle theft | Under investigation | On or near Northcote Road |