£118,006
This estimated value is based upon the latest sale price for the house of £105,000 on 18 Aug 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £105,000 | 18 Aug 2021 |
| £74,500 | 14 Jul 2006 |
| £67,500 | 31 May 2005 |
| £56,000 | 26 Sep 2003 |
| £28,995 | 14 Aug 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 August 2021 the House Price Index for NORFOLK was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £105,000 results in an estimated price of approximately £118,006.
| 18 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £105,000 | £13,006 | £118,006 |
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 | 24.515 % | £25,740 | £130,740 |
| 3 Month Average | 4.019 % | £4,220 | £109,220 |
| 6 Month Average | -2.780 % | £-2,919 | £102,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £235,000 | £235,000 | 43 NEWTOWN |
| 22 Mar 2024 | £248,823 | £245,000 | 32 ICKNIELD WAY |
| 21 Sep 2023 | £143,156 | £140,000 | 16 CHASE COURT |
| 4 Sep 2023 | £107,367 | £105,000 | 31 HANBURY COURT |
| 25 Aug 2023 | £106,929 | £105,000 | 15 HANBURY COURT |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 2 Jul 2014. Using an estimated price of £118,007 means this house is valued at £3,025 per sq meter (£281 per sq foot).
The average size of a house on CHASE COURT is 67 sq meters (727 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Newtown |
| Aug 2024 | Anti-social behaviour | On or near Newtown | |
| Aug 2024 | Anti-social behaviour | On or near Newtown | |
| Aug 2024 | Drugs | Awaiting court outcome | On or near Newtown |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newtown |