£264,901
This estimated value is based upon the latest sale price for the house of £258,000 on 20 May 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £258,000 | 20 May 2022 |
| £205,000 | 28 Jul 2017 |
| £142,500 | 6 Jan 2006 |
| £53,500 | 3 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 May 2022 the House Price Index for NORFOLK was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £258,000 results in an estimated price of approximately £264,901.
| 20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £258,000 | £6,901 | £264,901 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | -8.768 % | £-22,621 | £235,378 |
| 3 Month Average | 7.361 % | £18,991 | £276,991 |
| 6 Month Average | 4.688 % | £12,096 | £270,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £235,990 | £230,000 | 14 HANCOCK COURT |
| 23 Jan 2023 | £325,871 | £325,000 | 7 HEMPSTED MEWS |
| 25 Jul 2022 | £242,429 | £240,000 | 13 EDRICH WAY |
| 20 May 2022 | £264,901 | £258,000 | 16 EDRICH WAY |
| 4 Mar 2022 | £172,249 | £165,000 | 16 THURLBY ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 24 May 2017. Using an estimated price of £264,901 means this house is valued at £3,953 per sq meter (£367 per sq foot).
The average size of a house on EDRICH WAY is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cooke Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooke Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooke Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooke Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooke Close |