£500,288
This estimated value is based upon the latest sale price for the house of £271,000 on 10 Jun 2005. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £271,000 | 10 Jun 2005 |
| £145,000 | 12 Oct 2000 |
| £119,500 | 6 Aug 1999 |
| £67,000 | 24 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 June 2005 the House Price Index for NORFOLK was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £271,000 results in an estimated price of approximately £500,288.
| 10 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £271,000 | £229,288 | £500,288 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | 65.791 % | £178,293 | £449,293 |
| 3 Month Average | 32.386 % | £87,766 | £358,766 |
| 6 Month Average | 44.894 % | £121,663 | £392,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £230,000 | £230,000 | 25 SALISBURY ROAD |
| 19 Jul 2022 | £839,761 | £837,500 | 5A COTMAN ROAD |
| 11 Mar 2022 | £69,331 | £66,905 | 4 MATLOCK ROAD |
| 11 Mar 2022 | £300,436 | £289,923 | 6 MATLOCK ROAD |
| 14 Dec 2021 | £290,879 | £271,500 | 30 SALISBURY ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 25 Apr 2016. Using an estimated price of £500,289 means this house is valued at £3,313 per sq meter (£307 per sq foot).
The average size of a house on THORPE ROAD is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ranson Road |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Ranson Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Ranson Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ranson Road |
| Apr 2024 | Public order | Under investigation | On or near Heathside Road |