£378,165
This estimated value is based upon the latest sale price for the house of £320,000 on 1 Oct 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Acacia Road
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| Price Paid | Date |
|---|---|
| £320,000 | 1 Oct 2020 |
| £132,950 | 23 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 October 2020 the House Price Index for NORFOLK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £320,000 results in an estimated price of approximately £378,165.
| 1 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £320,000 | £58,165 | £378,165 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | -16.847 % | £-53,909 | £266,090 |
| 3 Month Average | -11.366 % | £-36,372 | £283,627 |
| 6 Month Average | -2.608 % | £-8,344 | £311,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £323,954 | £314,000 | 12 SPINNEY CLOSE |
| 13 Oct 2023 | £286,507 | £280,000 | 25 SPINNEY ROAD |
| 25 Aug 2023 | £285,143 | £280,000 | 39 SPINNEY ROAD |
| 27 Jun 2023 | £397,975 | £390,000 | 54D BELMORE ROAD |
| 17 May 2022 | £359,362 | £350,000 | 78 BELMORE ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 23 Jun 2020. Using an estimated price of £378,165 means this house is valued at £3,819 per sq meter (£354 per sq foot).
The average size of a house on ACACIA ROAD is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Acacia Road |
| Jun 2024 | Possession of weapons | Under investigation | On or near Acacia Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinney Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmore Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Belmore Road |