£194,691
This estimated value is based upon the latest sale price for the house of £125,000 on 6 May 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £125,000 | 6 May 2014 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 May 2014 the House Price Index for NORFOLK was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £125,000 results in an estimated price of approximately £194,691.
| 6 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £125,000 | £69,691 | £194,691 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 138.277 % | £172,845 | £297,845 |
| 3 Month Average | 47.530 % | £59,412 | £184,412 |
| 6 Month Average | 57.932 % | £72,415 | £197,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £268,627 | £264,500 | 164 NELSON STREET |
| 24 Nov 2023 | £131,334 | £128,000 | 85 DOLPHIN GROVE |
| 3 Nov 2023 | £225,730 | £220,000 | 97 WADDINGTON STREET |
| 17 Apr 2023 | £203,812 | £200,000 | 177 NELSON STREET |
| 3 Apr 2023 | £285,337 | £280,000 | 202 NELSON STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 25 Jul 2018. Using an estimated price of £194,692 means this house is valued at £1,986 per sq meter (£184 per sq foot).
The average size of a house on NELSON STREET is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Edward Gambling Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Gambling Court |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Edward Gambling Court |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Horatio Court |
| May 2024 | Anti-social behaviour | On or near Horatio Court |