£295,845
This estimated value is based upon the latest sale price for the house of £242,500 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£242,500 | 5 Jun 2020 |
£149,950 | 29 Jan 2003 |
£85,000 | 30 May 2001 |
Detached |
Freehold |
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 June 2020 the House Price Index for NORFOLK was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £242,500 results in an estimated price of approximately £295,845.
5 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £242,500 | £53,345 | £295,845 |
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 | 49.098 % | £119,061 | £361,561 |
3 Month Average | 31.937 % | £77,446 | £319,946 |
6 Month Average | 20.790 % | £50,416 | £292,916 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2024 | £245,000 | £245,000 | 21 FLOWERDAY CLOSE |
10 May 2024 | £225,000 | £225,000 | 16 GROOMES CLOSE |
26 Oct 2023 | £235,345 | £230,000 | 2 FLOWERDAY CLOSE |
11 Oct 2023 | £243,531 | £238,000 | 65 POTTERS DRIVE |
8 Aug 2022 | £301,409 | £300,000 | 55 POTTERS DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Potters Drive |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flowerday Close |
Jul 2024 | Public order | Formal action is not in the public interest | On or near Hopton Gardens |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Anglian Way |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near St Vincent Walk |