£166,351
This estimated value is based upon the latest sale price for the house of £135,000 on 27 May 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £135,000 | 27 May 2020 |
| £125,000 | 4 Jul 2017 |
| £32,000 | 15 Nov 1996 |
| Terraced |
| 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 May 2020 the House Price Index for NORFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £135,000 results in an estimated price of approximately £166,351.
| 27 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £135,000 | £31,351 | £166,351 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 10.011 % | £13,514 | £148,514 |
| 3 Month Average | 22.928 % | £30,952 | £165,952 |
| 6 Month Average | 35.337 % | £47,705 | £182,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £121,872 | £120,000 | 105 FIR ROAD |
| 20 Dec 2023 | £237,291 | £230,000 | 43 FIR ROAD |
| 3 Nov 2023 | £198,027 | £193,000 | 123 ELM ROAD |
| 28 Sep 2023 | £184,057 | £180,000 | 19 OAK CLOSE |
| 27 Sep 2023 | £92,029 | £90,000 | 29 ROWAN CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Jan 2020. Using an estimated price of £166,352 means this house is valued at £2,079 per sq meter (£193 per sq foot).
The average size of a house on ELM ROAD is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Laburnum Grove | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Grove |
| Jun 2024 | Anti-social behaviour | On or near Laburnum Grove | |
| Jun 2024 | Anti-social behaviour | On or near Laburnum Grove | |
| Jun 2024 | Bicycle theft | Unable to prosecute suspect | On or near Laburnum Grove |