£207,392
This estimated value is based upon the latest sale price for the house of £157,000 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£157,000 | 2 Dec 2016 |
£130,000 | 30 Aug 2006 |
£116,000 | 24 Mar 2005 |
£92,500 | 13 Jun 2003 |
Terraced |
Freehold |
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 December 2016 the House Price Index for NORFOLK was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £157,000 results in an estimated price of approximately £207,392.
2 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £157,000 | £50,392 | £207,392 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | 7.682 % | £12,060 | £169,060 |
3 Month Average | 7.511 % | £11,791 | £168,791 |
6 Month Average | 19.250 % | £30,222 | £187,222 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £378,340 | £370,000 | 6 VARRICK WAY |
7 Aug 2023 | £234,224 | £230,000 | 15 MORAR DRIVE |
5 Jan 2022 | £492,992 | £465,000 | THE NORWICH ROAD NURSERY NORWICH ROAD |
22 Dec 2021 | £201,831 | £187,000 | 6 CAWDOR CLOSE |
7 Dec 2021 | £356,172 | £330,000 | 26 LOMOND ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 30 Sep 2016. Using an estimated price of £207,393 means this house is valued at £3,456 per sq meter (£321 per sq foot).
The average size of a house on CAWDOR CLOSE is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cawdor Close |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Morar Drive |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Morar Drive |
Aug 2024 | Anti-social behaviour | On or near Morar Drive | |
Aug 2024 | Anti-social behaviour | On or near Morar Drive |