£187,478
This estimated value is based upon the latest sale price for the house of £99,995 on 18 Apr 2005. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £99,995 | 18 Apr 2005 |
| £78,000 | 13 Jan 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 April 2005 the House Price Index for NORFOLK was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £99,995 results in an estimated price of approximately £187,478.
| 18 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £99,995 | £87,483 | £187,478 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | 71.009 % | £71,005 | £171,000 |
| 3 Month Average | 78.988 % | £78,984 | £178,979 |
| 6 Month Average | 92.411 % | £92,405 | £192,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £199,995 | £199,995 | 18 NEWLANDS AVENUE |
| 15 Dec 2023 | £196,018 | £189,995 | 16 KINGSWAY |
| 8 Dec 2023 | £185,706 | £180,000 | 27 GREENLAND AVENUE |
| 10 Nov 2023 | £174,428 | £170,000 | 34 KINGSWAY |
| 26 Sep 2023 | £195,817 | £191,500 | 36 SEABANK WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 7 Jan 2013. Using an estimated price of £187,478 means this house is valued at £2,373 per sq meter (£220 per sq foot).
The average size of a house on RIVERSWAY is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Nottingham Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Nottingham Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Estuary Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Estuary Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Estuary Close |