£270,594
This estimated value is based upon the latest sale price for the house of £172,500 on 3 Apr 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£172,500 | 3 Apr 2014 |
£125,000 | 11 Oct 2002 |
£56,995 | 29 Nov 1995 |
Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 2014 the House Price Index for NORFOLK was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £172,500 results in an estimated price of approximately £270,594.
3 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £172,500 | £98,094 | £270,594 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 28.750 % | £49,593 | £222,093 |
3 Month Average | 31.729 % | £54,733 | £227,233 |
6 Month Average | 41.507 % | £71,599 | £244,099 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £224,499 | £220,000 | 7 FAIRFAX DRIVE |
10 Feb 2023 | £184,231 | £183,000 | 9 PARLIAMENT COURT |
16 Sep 2022 | £229,846 | £230,000 | 15 FAIRFAX DRIVE |
6 Jun 2022 | £485,375 | £475,000 | 19 LYNN CLOSE |
27 May 2022 | £313,158 | £305,000 | 30 MARSTON MOOR |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 9 Jun 2014. Using an estimated price of £270,595 means this house is valued at £3,811 per sq meter (£354 per sq foot).
The average size of a house on NEWCASTLE CLOSE is 87 sq meters (939 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Newcastle Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Marston Moor |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marston Moor |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Marston Moor |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Marston Moor |