£228,549
This estimated value is based upon the latest sale price for the house of £185,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£185,000 | 1 Oct 2019 |
£160,000 | 20 Jun 2016 |
£113,250 | 1 Oct 2004 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 October 2019 the House Price Index for NORFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £185,000 results in an estimated price of approximately £228,549.
1 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £185,000 | £43,549 | £228,549 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | 32.612 % | £60,331 | £245,331 |
3 Month Average | 17.817 % | £32,961 | £217,961 |
6 Month Average | 14.030 % | £25,955 | £210,955 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £258,880 | £253,000 | 162 MARLBOROUGH ROAD |
9 Aug 2023 | £269,867 | £265,000 | 73 MARLBOROUGH ROAD |
12 Jul 2022 | £225,762 | £223,500 | 4 WODEHOUSE STREET |
17 Jun 2022 | £244,220 | £239,000 | 87 WODEHOUSE STREET |
13 May 2022 | £213,050 | £207,500 | 148 MARLBOROUGH ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 28 May 2019. Using an estimated price of £228,549 means this house is valued at £3,627 per sq meter (£337 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 73 sq meters (793 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wodehouse Street |
Jul 2024 | Anti-social behaviour | On or near Wodehouse Street | |
Jul 2024 | Anti-social behaviour | On or near Wodehouse Street | |
Jul 2024 | Anti-social behaviour | On or near Wodehouse Street | |
Jul 2024 | Anti-social behaviour | On or near Wodehouse Street |