£161,720
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £130,000 | 28 Sep 2018 |
| £85,000 | 8 Jun 2012 |
| Terraced |
| 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 September 2018 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £130,000 results in an estimated price of approximately £161,720.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £130,000 | £31,720 | £161,720 |
The Postcode Pricing Model uses changes in average sales price within the NR31 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 | 38.284 % | £49,769 | £179,769 |
| 3 Month Average | 29.513 % | £38,366 | £168,366 |
| 6 Month Average | 21.413 % | £27,836 | £157,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £378,285 | £375,000 | 9 GREEN LANE |
| 21 Dec 2023 | £289,392 | £280,500 | 10 PINECOT AVENUE |
| 15 Dec 2023 | £299,194 | £290,000 | 3 PINECOT AVENUE |
| 5 Dec 2023 | £378,635 | £367,000 | 208 BECCLES ROAD |
| 16 Jun 2023 | £265,317 | £260,000 | 7 SORREL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Formal action is not in the public interest | On or near Vervain Close |
| Oct 2024 | Drugs | Under investigation | On or near Pinecot Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Germander Court |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Germander Court |
| Aug 2024 | Anti-social behaviour | On or near Marjoram Road |