£123,151
This estimated value is based upon the latest sale price for the house of £95,000 on 31 May 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £95,000 | 31 May 2017 |
| £105,000 | 9 Nov 2007 |
| £34,950 | 8 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 2017 the House Price Index for NORFOLK was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £95,000 results in an estimated price of approximately £123,151.
| 31 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £95,000 | £28,151 | £123,151 |
The Postcode Pricing Model uses changes in average sales price within the NR30 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 | 25.484 % | £24,210 | £119,210 |
| 3 Month Average | 9.483 % | £9,009 | £104,009 |
| 6 Month Average | 16.360 % | £15,541 | £110,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £360,539 | £355,000 | 18 BURE CLOSE |
| 6 Apr 2023 | £263,427 | £258,500 | 73 LAWN AVENUE |
| 9 Feb 2022 | £132,057 | £125,000 | 18 BRIDGE ROAD |
| 19 Jan 2022 | £318,059 | £300,000 | 87 LAWN AVENUE |
| 18 Jan 2022 | £156,379 | £147,500 | 19 BRIDGE ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 11 Jun 2014. Using an estimated price of £123,151 means this house is valued at £2,368 per sq meter (£220 per sq foot).
The average size of a house on NORTH RIVER ROAD is 61 sq meters (661 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Shopping Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near School Road Back |
| Jul 2024 | Possession of weapons | Local resolution | On or near School Road Back |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near School Road Back |
| Jul 2024 | Other crime | Under investigation | On or near Sidegate Road |