£280,896
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Jul 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 18 Jul 2018 |
| £145,000 | 23 Feb 2011 |
| £112,000 | 1 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2018 the House Price Index for NORFOLK was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £225,000 results in an estimated price of approximately £280,896.
| 18 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £225,000 | £55,896 | £280,896 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 20.530 % | £46,192 | £271,192 |
| 3 Month Average | 37.054 % | £83,371 | £308,371 |
| 6 Month Average | 30.919 % | £69,566 | £294,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jun 2024 | £485,000 | £485,000 | 7 OAKLANDS PARK |
| 24 Nov 2023 | £153,907 | £150,000 | 5 AYLSHAM ROAD |
| 16 Oct 2023 | £363,250 | £355,000 | 5 MORRISON CLOSE |
| 12 Jun 2023 | £204,090 | £200,000 | 2 SKEYTON NEW ROAD |
| 30 Nov 2022 | £413,068 | £415,000 | 21 CROMER ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Nov 2017. Using an estimated price of £280,896 means this house is valued at £3,511 per sq meter (£326 per sq foot).
The average size of a house on MORRISON CLOSE is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Morrison Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Park Lane |