£350,960
This estimated value is based upon the latest sale price for the house of £278,000 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £278,000 | 16 Mar 2018 |
| £157,500 | 30 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 March 2018 the House Price Index for NORFOLK was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £278,000 results in an estimated price of approximately £350,960.
| 16 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £278,000 | £72,960 | £350,960 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | -19.734 % | £-54,860 | £223,139 |
| 3 Month Average | 15.899 % | £44,198 | £322,198 |
| 6 Month Average | 19.937 % | £55,424 | £333,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £285,000 | £285,000 | 24 WOODRUFF ROAD |
| 30 Oct 2023 | £140,695 | £137,500 | 7 SAXON HOUSE CYPRESS COVERT |
| 23 Aug 2023 | £300,418 | £295,000 | 14 CHARLOCK ROAD |
| 5 Jun 2023 | £321,442 | £315,000 | 51 WOODRUFF ROAD |
| 3 Dec 2021 | £309,761 | £287,000 | 30 WOODRUFF ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 3 Aug 2017. Using an estimated price of £350,960 means this house is valued at £3,655 per sq meter (£339 per sq foot).
The average size of a house on WOODRUFF ROAD is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Charlock Road | |
| Aug 2024 | Anti-social behaviour | On or near Charlock Road | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peter Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peter Drive |
| Aug 2024 | Anti-social behaviour | On or near Sycamore Covert |