£360,103
This estimated value is based upon the latest sale price for the house of £350,000 on 17 Jul 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £350,000 | 17 Jul 2023 |
| £185,000 | 9 Nov 2012 |
| £190,000 | 12 Jun 2006 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,034 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 July 2023 the House Price Index for NORFOLK was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £350,000 results in an estimated price of approximately £360,103.
| 17 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £350,000 | £10,103 | £360,103 |
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 | -37.622 % | £-131,675 | £218,324 |
| 3 Month Average | -15.416 % | £-53,954 | £296,045 |
| 6 Month Average | -1.766 % | £-6,179 | £343,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £225,000 | £225,000 | 14 TOTTINGTON CLOSE |
| 28 Mar 2024 | £134,568 | £132,500 | 16 STANFORD ROAD |
| 15 Dec 2023 | £149,597 | £145,000 | 26 STANFORD ROAD |
| 12 Sep 2023 | £256,658 | £251,000 | 13 BUCKENHAM WAY |
| 1 Sep 2023 | £255,635 | £250,000 | 5 RICHARD EASTEN ROAD |
This house has a floor area of 96 sq meters or 1,034 sq feet when measured on 22 Jul 2011.
The average size of a house on STANFORD ROAD is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Stanford Road | |
| Jun 2024 | Anti-social behaviour | On or near Stanford Road | |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Tottington Close |
| May 2024 | Anti-social behaviour | On or near Tottington Close | |
| May 2024 | Anti-social behaviour | On or near Tottington Close |