£201,116
This estimated value is based upon the latest sale price for the house of £107,950 on 27 May 2005. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£107,950 | 27 May 2005 |
£66,000 | 15 Oct 2001 |
£37,000 | 31 Mar 1995 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 666 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 May 2005 the House Price Index for NORFOLK was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £107,950 results in an estimated price of approximately £201,116.
27 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 149.7 | 86.305 % | £107,950 | £93,166 | £201,116 |
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 | 77.166 % | £83,301 | £191,251 |
3 Month Average | 80.289 % | £86,671 | £194,621 |
6 Month Average | 89.971 % | £97,123 | £205,073 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £203,761 | £197,500 | 4 WOODLAND CLOSE |
12 Jun 2023 | £209,192 | £205,000 | 3 SHELLEY WAY |
28 Jan 2022 | £238,545 | £225,000 | 17 SHELLEY WAY |
7 Jan 2022 | £233,244 | £220,000 | 10 WOODLAND CLOSE |
22 Nov 2021 | £187,397 | £172,000 | 73 WOODLANDS DRIVE |
This house has a floor area of 61 sq meters or 666 sq feet when measured on 22 Oct 2010. Using an estimated price of £201,116 means this house is valued at £3,246 per sq meter (£301 per sq foot).
The average size of a house on WOODLANDS DRIVE is 79 sq meters (851 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Milton Close |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Raleigh Way |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raleigh Way |