£250,296
This estimated value is based upon the latest sale price for the house of £182,000 on 23 Feb 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £182,000 | 23 Feb 2016 |
| £129,000 | 25 Jun 2004 |
| £69,000 | 13 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,120 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 February 2016 the House Price Index for NORFOLK was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £182,000 results in an estimated price of approximately £250,296.
| 23 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £182,000 | £68,296 | £250,296 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | -16.663 % | £-30,327 | £151,672 |
| 3 Month Average | 19.828 % | £36,087 | £218,087 |
| 6 Month Average | 29.098 % | £52,957 | £234,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £143,748 | £142,500 | 3 MASEFIELD WALK |
| 4 Aug 2023 | £198,582 | £195,000 | 3 BYRON WALK |
| 12 Jun 2023 | £209,192 | £205,000 | 3 SHELLEY WAY |
| 28 Jan 2022 | £238,545 | £225,000 | 17 SHELLEY WAY |
| 22 Nov 2021 | £187,397 | £172,000 | 73 WOODLANDS DRIVE |
This house has a floor area of 104 sq meters or 1,120 sq feet when measured on 31 Mar 2012. Using an estimated price of £250,297 means this house is valued at £2,404 per sq meter (£223 per sq foot).
The average size of a house on SHELLEY WAY is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Burns Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Raleigh Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raleigh Way |