£166,949
This estimated value is based upon the latest sale price for the house of £135,000 on 30 Apr 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 | 30 Apr 2020 |
| £30,500 | 7 May 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 April 2020 the House Price Index for NORFOLK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £135,000 results in an estimated price of approximately £166,949.
| 30 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £135,000 | £31,949 | £166,949 |
The Postcode Pricing Model uses changes in average sales price within the NR31 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 | 44.515 % | £60,095 | £195,095 |
| 3 Month Average | 19.157 % | £25,861 | £160,861 |
| 6 Month Average | 18.123 % | £24,466 | £159,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £89,616 | £88,000 | 15 WAVENEY ROAD |
| 27 Feb 2023 | £211,412 | £210,000 | 21 DRIFTERS WAY |
| 28 Jul 2022 | £161,114 | £159,500 | 118 SOUTHTOWN ROAD |
| 4 Mar 2022 | £238,017 | £228,000 | 123 SOUTHTOWN ROAD |
| 17 Feb 2022 | £119,380 | £113,000 | 9 WAVENEY ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 2 Dec 2013. Using an estimated price of £166,950 means this house is valued at £1,464 per sq meter (£136 per sq foot).
The average size of a house on SOUTHTOWN ROAD is 118 sq meters (1,271 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waveney Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waveney Road |
| Sep 2024 | Anti-social behaviour | On or near Waveney Road | |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Waveney Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Waveney Road |