£315,792
This estimated value is based upon the latest sale price for the house of £167,500 on 25 Feb 2005. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £167,500 | 25 Feb 2005 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2005 the House Price Index for NORFOLK was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £167,500 results in an estimated price of approximately £315,792.
| 25 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 149.7 | 88.533 % | £167,500 | £148,292 | £315,792 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | 64.229 % | £107,583 | £275,083 |
| 3 Month Average | 67.816 % | £113,592 | £281,092 |
| 6 Month Average | 85.740 % | £143,613 | £311,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £320,000 | £320,000 | 1 WRENNINGHAM ROAD |
| 16 May 2024 | £425,000 | £425,000 | 35 WRENNINGHAM ROAD |
| 30 Apr 2024 | £327,847 | £325,000 | 6 THE PADDOCKS |
| 5 Apr 2024 | £267,321 | £265,000 | 16 WRENNINGHAM ROAD |
| 6 Oct 2023 | £200,043 | £195,500 | 5 THE PADDOCKS |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 29 Sep 2015. Using an estimated price of £315,792 means this house is valued at £2,819 per sq meter (£261 per sq foot).
The average size of a house on THE PADDOCKS is 65 sq meters (705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Paddocks |
| Sep 2024 | Anti-social behaviour | On or near The Paddocks | |
| Sep 2024 | Anti-social behaviour | On or near The Paddocks | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Paddocks |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near The Paddocks |