£229,685
This estimated value is based upon the latest sale price for the house of £186,000 on 26 Sep 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £186,000 | 26 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 September 2018 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £186,000 results in an estimated price of approximately £229,685.
| 26 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £186,000 | £43,685 | £229,685 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | -28.476 % | £-52,964 | £133,035 |
| 3 Month Average | 19.877 % | £36,970 | £222,970 |
| 6 Month Average | 22.853 % | £42,506 | £228,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £258,127 | £255,000 | 7 EASTWOOD MEWS |
| 13 Jan 2023 | £273,711 | £275,000 | 4 GEORGE HILL |
| 17 May 2022 | £433,162 | £425,000 | 5 GRANGE CLOSE |
| 11 Aug 2021 | £276,673 | £248,000 | 13 WARREN CLOSE |
| 9 Aug 2021 | £401,622 | £360,000 | 2 LUCERNE CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 12 Jan 2016. Using an estimated price of £229,685 means this house is valued at £3,022 per sq meter (£280 per sq foot).
The average size of a house on GEORGE HILL is 86 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Grange Close |
| Mar 2024 | Other theft | Under investigation | On or near Lucerne Close |
| Feb 2024 | Anti-social behaviour | On or near Lucerne Close | |
| Feb 2024 | Anti-social behaviour | On or near Lucerne Close |