£407,942
This estimated value is based upon the latest sale price for the house of £332,000 on 3 Jan 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £332,000 | 3 Jan 2020 |
| £325,000 | 6 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 January 2020 the House Price Index for NORFOLK was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £332,000 results in an estimated price of approximately £407,942.
| 3 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £332,000 | £75,942 | £407,942 |
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 | 4.578 % | £15,200 | £347,200 |
| 3 Month Average | 5.477 % | £18,184 | £350,184 |
| 6 Month Average | 13.807 % | £45,838 | £377,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £515,851 | £500,000 | 348 ST FAITHS ROAD |
| 27 Oct 2023 | £225,113 | £220,000 | 73 NORMAN DRIVE |
| 29 Sep 2023 | £265,861 | £260,000 | 8 NORMAN DRIVE |
| 14 Sep 2023 | £219,846 | £215,000 | 130 LODGE LANE |
| 27 Jun 2023 | £321,442 | £315,000 | 61 NORMAN DRIVE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 3 May 2013. Using an estimated price of £407,943 means this house is valued at £3,021 per sq meter (£280 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Robbery | Under investigation | On or near Hunt Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bailey Close |
| Sep 2024 | Anti-social behaviour | On or near Bailey Close | |
| Sep 2024 | Anti-social behaviour | On or near Bailey Close | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bailey Close |