£293,731
This estimated value is based upon the latest sale price for the house of £163,500 on 30 Sep 2009. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Gorse Road
More crime details
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Price Paid | Date |
---|---|
£163,500 | 30 Sep 2009 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 898 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 2009 the House Price Index for NORFOLK was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £163,500 results in an estimated price of approximately £293,731.
30 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £163,500 | £130,231 | £293,731 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 44.025 % | £71,980 | £235,480 |
3 Month Average | 49.334 % | £80,660 | £244,160 |
6 Month Average | 61.874 % | £101,163 | £264,663 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £165,072 | £160,000 | 37 CHURCHFIELD GREEN |
7 Dec 2023 | £140,827 | £136,500 | 29 HOLMES CLOSE |
7 Nov 2023 | £256,511 | £250,000 | 36 GORSE ROAD |
13 Sep 2023 | £314,943 | £308,000 | 49 GORSE ROAD |
17 Aug 2023 | £320,786 | £315,000 | 21 GORSE ROAD |
This house has a floor area of 83 sq meters or 898 sq feet when measured on 7 Jul 2009. Using an estimated price of £293,731 means this house is valued at £3,520 per sq meter (£327 per sq foot).
The average size of a house on GORSE ROAD is 93 sq meters (1,006 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Under investigation | On or near Gorse Road |
May 2024 | Burglary | Unable to prosecute suspect | On or near Gorse Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Thornfield Way |
Jul 2024 | Burglary | Under investigation | On or near Holmes Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmes Close |