£310,484
This estimated value is based upon the latest sale price for the house of £303,500 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £303,500 | 11 Mar 2022 |
| £230,000 | 3 Jan 2019 |
| £196,000 | 24 Nov 2006 |
| £152,000 | 12 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2022 the House Price Index for NORFOLK was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £303,500 results in an estimated price of approximately £310,484.
| 11 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £303,500 | £6,984 | £310,484 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 42.115 % | £127,820 | £431,320 |
| 3 Month Average | 12.247 % | £37,169 | £340,669 |
| 6 Month Average | -5.269 % | £-15,992 | £287,507 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 8 Oct 2018.
The average size of a house on VARVEL AVENUE is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Varvel Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Varvel Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Linton Crescent |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Martin Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Leveson Road |