£451,134
This estimated value is based upon the latest sale price for the house of £360,000 on 28 Jun 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £360,000 | 28 Jun 2018 |
| £275,000 | 23 Mar 2007 |
| 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 2018 the House Price Index for NORFOLK was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £360,000 results in an estimated price of approximately £451,134.
| 28 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £360,000 | £91,134 | £451,134 |
The Postcode Pricing Model uses changes in average sales price within the NR10 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 | 22.412 % | £80,682 | £440,682 |
| 3 Month Average | 28.860 % | £103,894 | £463,894 |
| 6 Month Average | 20.143 % | £72,514 | £432,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2024 | £220,000 | £220,000 | HONEYSUCKLE COTTAGE, 34 WESTGATE STREET |
| 4 Jul 2024 | £200,000 | £200,000 | 5 CHURCHILL CLOSE |
| 15 Apr 2024 | £353,066 | £350,000 | BAILEYS OF NORFOLK BRICK KILN ROAD |
| 15 Mar 2024 | £279,291 | £275,000 | 25 THE HEATH |
| 23 Nov 2023 | £405,288 | £395,000 | 43 BRICK KILN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Westgate Street |
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Westgate Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morgans Way |
| Aug 2024 | Vehicle crime | Under investigation | On or near Morgans Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morgans Way |