£325,877
This estimated value is based upon the latest sale price for the house of £320,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £320,000 | 4 Aug 2023 |
| £169,950 | 30 Jun 2011 |
| £140,950 | 31 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,148 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 August 2023 the House Price Index for NORFOLK was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £320,000 results in an estimated price of approximately £325,877.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £320,000 | £5,877 | £325,877 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | -3.374 % | £-10,797 | £309,202 |
| 3 Month Average | 1.722 % | £5,510 | £325,510 |
| 6 Month Average | -5.858 % | £-18,744 | £301,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £226,587 | £222,500 | 4 WELLS AVENUE |
| 4 Aug 2023 | £325,878 | £320,000 | 2 BANNINGHAM COURT |
| 4 Apr 2023 | £275,146 | £270,000 | 3 SKEYTON VIEW |
| 27 Feb 2023 | £453,026 | £450,000 | 20 SKEYTON ROAD |
| 14 Feb 2023 | £281,883 | £280,000 | 7 WESTWICK DRIVE |
This house has a floor area of 106 sq meters or 1,148 sq feet when measured on 22 Feb 2011. Using an estimated price of £325,878 means this house is valued at £3,053 per sq meter (£283 per sq foot).
The average size of a house on BANNINGHAM COURT is 109 sq meters (1,177 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westwick Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Avenue |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wells Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near South Rise |
| Jul 2024 | Robbery | Unable to prosecute suspect | On or near Cosy Corner |