£559,985
This estimated value is based upon the latest sale price for the house of £450,000 on 19 Feb 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £450,000 | 19 Feb 2019 |
| £230,000 | 5 Nov 2010 |
| Terraced |
| Freehold |
| Floor Area: 184 sq meters or 1,986 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 February 2019 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 24.441%.Applying this 24.441% change to the original purchase price of £450,000 results in an estimated price of approximately £559,985.
| 19 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £450,000 | £109,985 | £559,985 |
The Postcode Pricing Model uses changes in average sales price within the NR26 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 | 50.204 % | £225,916 | £675,916 |
| 3 Month Average | 27.028 % | £121,623 | £571,623 |
| 6 Month Average | 14.456 % | £65,050 | £515,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £127,123 | £125,000 | 5 ORTONVILLE COURT CREMERS DRIFT |
| 1 Mar 2022 | £255,764 | £245,000 | FLAT 1 23 ALEXANDRA ROAD |
| 29 Nov 2021 | £463,046 | £425,000 | 7 GARDEN ROAD |
| 29 Sep 2021 | £268,678 | £247,500 | 29 HOLWAY ROAD |
| 28 Jun 2021 | £470,177 | £435,000 | 3 ALEXANDRA ROAD |
This house has a floor area of 184 sq meters or 1,986 sq feet when measured on 26 Jun 2010. Using an estimated price of £559,985 means this house is valued at £3,033 per sq meter (£281 per sq foot).
The average size of a house on ALEXANDRA ROAD is 147 sq meters (1,583 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |
| Aug 2024 | Public order | Local resolution | On or near Supermarket |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |