£333,935
This estimated value is based upon the latest sale price for the house of £271,000 on 7 May 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £271,000 | 7 May 2020 |
| £180,000 | 15 Jul 2005 |
| £153,995 | 19 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 May 2020 the House Price Index for NORFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £271,000 results in an estimated price of approximately £333,935.
| 7 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £271,000 | £62,935 | £333,935 |
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 | 3.794 % | £10,281 | £281,281 |
| 3 Month Average | 21.541 % | £58,375 | £329,375 |
| 6 Month Average | 25.849 % | £70,051 | £341,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £332,326 | £325,000 | 36 COMFREY WAY |
| 12 Sep 2023 | £274,552 | £268,500 | 3 COMFREY WAY |
| 21 Apr 2023 | £290,432 | £285,000 | 2 ALDER COVERT |
| 6 Mar 2023 | £253,229 | £249,000 | 12 COMFREY WAY |
| 10 Feb 2023 | £211,412 | £210,000 | 8 COMFREY WAY |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 13 Jan 2020. Using an estimated price of £333,936 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on VALERIAN RISE is 115 sq meters (1,247 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Chervil Walk |
| Aug 2024 | Anti-social behaviour | On or near Charlock Road | |
| Aug 2024 | Anti-social behaviour | On or near Charlock Road | |
| Aug 2024 | Anti-social behaviour | On or near Charlock Road | |
| Sep 2024 | Possession of weapons | Under investigation | On or near Pennycress Drive |