£360,823
This estimated value is based upon the latest sale price for the house of £294,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Melton Drive
More crime details
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| Price Paid | Date |
|---|---|
| £294,000 | 16 Nov 2018 |
| Detached |
| 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 November 2018 the House Price Index for NORFOLK was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £294,000 results in an estimated price of approximately £360,823.
| 16 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £294,000 | £66,823 | £360,823 |
The Postcode Pricing Model uses changes in average sales price within the NR8 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 | -18.570 % | £-54,596 | £239,403 |
| 3 Month Average | 9.019 % | £26,514 | £320,514 |
| 6 Month Average | 12.083 % | £35,523 | £329,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £444,202 | £440,000 | 45 KINGSWOOD AVENUE |
| 15 Aug 2022 | £357,584 | £360,000 | 11 WITHY WAY |
| 19 Nov 2021 | £468,559 | £435,000 | 26 SPRINGWOOD |
| 5 Nov 2021 | £380,233 | £353,000 | 1 ALDER WAY |
| 8 Oct 2021 | £468,354 | £425,000 | 10 SETON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Melton Drive |
| Apr 2024 | Possession of weapons | Under investigation | On or near Marriott Chase |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Ashdown |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Ashdown |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cypress Close |