£417,911
This estimated value is based upon the latest sale price for the house of £220,000 on 10 Dec 2004. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £220,000 | 10 Dec 2004 |
| £117,000 | 30 Nov 2001 |
| £75,995 | 29 May 1998 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 December 2004 the House Price Index for NORFOLK was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £220,000 results in an estimated price of approximately £417,911.
| 10 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £220,000 | £197,911 | £417,911 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 67.599 % | £148,718 | £368,718 |
| 3 Month Average | 62.437 % | £137,360 | £357,360 |
| 6 Month Average | 82.810 % | £182,181 | £402,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £276,275 | £270,000 | 3 VALLEY WAY |
| 20 Sep 2023 | £368,115 | £360,000 | 1 HERON CLOSE |
| 21 Apr 2023 | £377,052 | £370,000 | 70 VALLEY WAY |
| 14 Apr 2023 | £196,169 | £192,500 | 11 VALLEY WAY |
| 29 Oct 2021 | £368,955 | £331,000 | 66 VALLEY WAY |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 7 Sep 2015. Using an estimated price of £417,911 means this house is valued at £4,399 per sq meter (£408 per sq foot).
The average size of a house on HERON CLOSE is 122 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Mallard Close |
| Jul 2024 | Anti-social behaviour | On or near Nightingale Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clover Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clover Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clover Way |