£93,649
This estimated value is based upon the latest sale price for the house of £76,000 on 1 May 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£76,000 | 1 May 2020 |
£76,000 | 1 May 2020 |
£67,000 | 25 Jan 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 2020 the House Price Index for NORFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £76,000 results in an estimated price of approximately £93,649.
1 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £76,000 | £17,649 | £93,649 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 59.726 % | £45,391 | £121,391 |
3 Month Average | -0.074 % | £-56 | £75,943 |
6 Month Average | 18.674 % | £14,191 | £90,191 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £528,114 | £520,000 | 7 PHILLIPA FLOWERDAY PLAIN |
8 Dec 2023 | £170,231 | £165,000 | 30 BENJAMIN GOOCH WAY |
3 Nov 2023 | £166,732 | £162,500 | 39 BENJAMIN GOOCH WAY |
20 Oct 2023 | £532,085 | £520,000 | 17 PHILLIPA FLOWERDAY PLAIN |
21 Sep 2023 | £315,965 | £309,000 | 7 BENJAMIN GOOCH WAY |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 1 May 2018. Using an estimated price of £93,650 means this house is valued at £1,560 per sq meter (£145 per sq foot).
The average size of a house on WESSEX STREET is 61 sq meters (657 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Benjamin Gooch Way |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Union Street |