£794,745
This estimated value is based upon the latest sale price for the house of £655,000 on 31 Mar 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £655,000 | 31 Mar 2020 |
| £465,000 | 22 Feb 2006 |
| Detached |
| Freehold |
| Floor Area: 221 sq meters or 2,378 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 March 2020 the House Price Index for NORFOLK was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £655,000 results in an estimated price of approximately £794,745.
| 31 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £655,000 | £139,745 | £794,745 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | 99.637 % | £652,624 | £1,307,624 |
| 3 Month Average | 24.320 % | £159,298 | £814,298 |
| 6 Month Average | 26.128 % | £171,139 | £826,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £943,191 | £935,000 | 2 COLNEY DRIVE |
| 28 Mar 2024 | £761,703 | £750,000 | 16 NEWFOUND DRIVE |
| 27 Oct 2023 | £399,064 | £390,000 | 3 HARMER CRESCENT |
| 18 Aug 2023 | £585,561 | £575,000 | 21 NEWFOUND DRIVE |
| 2 Jun 2023 | £276,542 | £271,000 | 61 WILLOWCROFT WAY |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 12 Dec 2019. Using an estimated price of £794,746 means this house is valued at £3,596 per sq meter (£334 per sq foot).
The average size of a house on CRINGLEFORD CHASE is 247 sq meters (2,668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Colney Drive |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Willowcroft Way |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Willowcroft Way |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Willowcroft Way |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Willowcroft Way |