£224,089
This estimated value is based upon the latest sale price for the house of £219,000 on 17 Oct 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £219,000 | 17 Oct 2023 |
| £162,500 | 3 Jun 2016 |
| £41,500 | 28 May 1999 |
| £29,000 | 10 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 October 2023 the House Price Index for NORFOLK was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £219,000 results in an estimated price of approximately £224,089.
| 17 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £219,000 | £5,089 | £224,089 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | 13.086 % | £28,657 | £247,657 |
| 3 Month Average | -6.832 % | £-14,961 | £204,038 |
| 6 Month Average | -2.514 % | £-5,505 | £213,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £343,725 | £335,000 | 41 SPENCER STREET |
| 17 Oct 2023 | £224,090 | £219,000 | 121 MARLBOROUGH ROAD |
| 20 Mar 2023 | £219,668 | £216,000 | 7 SPENCER STREET |
| 10 Feb 2023 | £196,311 | £195,000 | 134 BEACONSFIELD ROAD |
| 3 Feb 2023 | £60,403 | £60,000 | 2C SPENCER STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 1 Mar 2016. Using an estimated price of £224,090 means this house is valued at £3,344 per sq meter (£310 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marlborough Road |
| Aug 2024 | Other crime | Under investigation | On or near Marlborough Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Beaconsfield Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beaconsfield Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wodehouse Street |