£224,805
This estimated value is based upon the latest sale price for the house of £220,000 on 21 Jun 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £220,000 | 21 Jun 2022 |
| £109,950 | 25 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 617 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 June 2022 the House Price Index for NORFOLK was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £220,000 results in an estimated price of approximately £224,805.
| 21 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £220,000 | £4,805 | £224,805 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 30.826 % | £67,818 | £287,818 |
| 3 Month Average | -1.555 % | £-3,421 | £216,578 |
| 6 Month Average | -7.341 % | £-16,150 | £203,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £375,523 | £368,750 | 8 CADDOW ROAD |
| 16 Jun 2023 | £255,112 | £250,000 | 18 CADDOW ROAD |
| 25 Aug 2022 | £228,066 | £227,000 | 3 RIMER CLOSE |
| 22 Jul 2022 | £282,834 | £280,000 | 61 CADDOW ROAD |
| 8 Jul 2022 | £217,176 | £215,000 | 4 RIMER CLOSE |
This house has a floor area of 57 sq meters or 617 sq feet when measured on 6 Feb 2010. Using an estimated price of £224,805 means this house is valued at £3,916 per sq meter (£363 per sq foot).
The average size of a house on RIMER CLOSE is 96 sq meters (1,034 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (617 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rimer Close |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Rimer Close |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rimer Close |
| Jun 2024 | Anti-social behaviour | On or near Rimer Close | |
| Jun 2024 | Anti-social behaviour | On or near Rimer Close |