£167,077
This estimated value is based upon the latest sale price for the house of £123,500 on 3 May 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £123,500 | 3 May 2016 |
| £115,000 | 29 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 May 2016 the House Price Index for NORFOLK was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £123,500 results in an estimated price of approximately £167,077.
| 3 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £123,500 | £43,577 | £167,077 |
The Postcode Pricing Model uses changes in average sales price within the NR30 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 | 66.287 % | £81,864 | £205,364 |
| 3 Month Average | 62.387 % | £77,048 | £200,548 |
| 6 Month Average | 51.859 % | £64,046 | £187,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £130,000 | £130,000 | 33 ALDERSON ROAD |
| 1 Dec 2023 | £118,646 | £115,000 | 185 PALGRAVE ROAD |
| 23 Oct 2023 | £107,440 | £105,000 | 200 PALGRAVE ROAD |
| 11 Sep 2023 | £199,396 | £195,000 | 187 PALGRAVE ROAD |
| 13 Mar 2023 | £160,683 | £158,000 | 35 PALGRAVE ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 4 Aug 2015. Using an estimated price of £167,078 means this house is valued at £1,722 per sq meter (£160 per sq foot).
The average size of a house on ALDERSON ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Garrison Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Garrison Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garrison Road |
| Sep 2024 | Other crime | Awaiting court outcome | On or near Garrison Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Garrison Road |