£104,184
This estimated value is based upon the latest sale price for the house of £60,000 on 12 Dec 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £60,000 | 12 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 December 2011 the House Price Index for NORFOLK was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £60,000 results in an estimated price of approximately £104,184.
| 12 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £60,000 | £44,184 | £104,184 |
The Postcode Pricing Model uses changes in average sales price within the IP20 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 | 12.102 % | £7,261 | £67,261 |
| 3 Month Average | 122.100 % | £73,260 | £133,260 |
| 6 Month Average | 92.791 % | £55,674 | £115,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £455,342 | £445,000 | 4 WOODLANDS |
| 1 Sep 2023 | £125,773 | £123,000 | 10 HOLLY COURT |
| 18 Aug 2023 | £117,112 | £115,000 | 8 MALTHOUSE COURT |
| 22 Jun 2023 | £122,454 | £120,000 | 28 MALTHOUSE COURT |
| 31 Mar 2023 | £503,407 | £495,000 | 20 WOODLANDS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 26 Sep 2014. Using an estimated price of £104,185 means this house is valued at £1,509 per sq meter (£140 per sq foot).
The average size of a house on LONDON ROAD is 125 sq meters (1,354 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Malthouse Court |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Exchange Street |
| Jul 2024 | Anti-social behaviour | On or near Old Chapel Yard | |
| Jul 2024 | Shoplifting | Under investigation | On or near Old Chapel Yard |