£518,279
This estimated value is based upon the latest sale price for the house of £417,500 on 8 Nov 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £417,500 | 8 Nov 2018 |
| £205,000 | 10 Nov 2005 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 November 2018 the House Price Index for NORFOLK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £417,500 results in an estimated price of approximately £518,279.
| 8 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £417,500 | £100,779 | £518,279 |
The Postcode Pricing Model uses changes in average sales price within the NR27 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 | 3.242 % | £13,533 | £431,033 |
| 3 Month Average | 50.986 % | £212,865 | £630,365 |
| 6 Month Average | 33.161 % | £138,449 | £555,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £295,327 | £290,000 | 9 RICHMOND COURT GARDENS |
| 16 Mar 2023 | £315,265 | £310,000 | 9 COLNE HOUSE COLNE ROAD |
| 7 Mar 2023 | £625,445 | £615,000 | CROFTERS THE CROFT |
| 9 Jan 2023 | £461,232 | £460,000 | 12 ARBOR ROAD |
| 1 Apr 2022 | £702,853 | £677,500 | 7 ARBOR HILL |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 14 Mar 2018. Using an estimated price of £518,279 means this house is valued at £4,586 per sq meter (£426 per sq foot).
The average size of a house on ARBOR ROAD is 149 sq meters (1,610 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colne Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Arbor Hill |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Arbor Hill |