£291,204
This estimated value is based upon the latest sale price for the house of £240,000 on 11 Mar 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 11 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 £240,000 results in an estimated price of approximately £291,204.
| 11 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £240,000 | £51,204 | £291,204 |
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 | 17.031 % | £40,874 | £280,874 |
| 3 Month Average | 30.092 % | £72,221 | £312,221 |
| 6 Month Average | 27.795 % | £66,708 | £306,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £153,907 | £150,000 | 5 AYLSHAM ROAD |
| 16 Oct 2023 | £363,250 | £355,000 | 5 MORRISON CLOSE |
| 30 Nov 2022 | £413,068 | £415,000 | 21 CROMER ROAD |
| 29 Sep 2022 | £339,773 | £340,000 | 16 MORRISON CLOSE |
| 14 Jul 2022 | £429,302 | £425,000 | TYNEDALE, 22 CROMER ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Mar 2019. Using an estimated price of £291,205 means this house is valued at £3,781 per sq meter (£351 per sq foot).
The average size of a house on SIMPSON CLOSE is 101 sq meters (1,094 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 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 |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Park Lane |