£272,453
This estimated value is based upon the latest sale price for the house of £182,000 on 16 Jan 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £182,000 | 16 Jan 2015 |
| £186,000 | 7 Apr 2011 |
| £185,000 | 21 Apr 2006 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2015 the House Price Index for NORFOLK was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £182,000 results in an estimated price of approximately £272,453.
| 16 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £182,000 | £90,453 | £272,453 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | 92.838 % | £168,965 | £350,965 |
| 3 Month Average | 51.232 % | £93,242 | £275,242 |
| 6 Month Average | 44.284 % | £80,596 | £262,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £168,835 | £165,000 | 25 HEMMING WAY |
| 6 Jun 2023 | £260,215 | £255,000 | 13 HEMMING WAY |
| 4 Oct 2022 | £244,184 | £245,000 | 7 CUTTERS ROW |
| 7 Sep 2022 | £264,823 | £265,000 | 11 HEMMING WAY |
| 8 Jul 2022 | £270,713 | £268,000 | 17 HAVERS ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 26 Sep 2019. Using an estimated price of £272,454 means this house is valued at £2,270 per sq meter (£210 per sq foot).
The average size of a house on HEMMING WAY is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Bobbin Road | |
| Aug 2024 | Anti-social behaviour | On or near Bobbin Road | |
| Jun 2024 | Anti-social behaviour | On or near Bobbin Road | |
| Jun 2024 | Anti-social behaviour | On or near Bobbin Road | |
| Jun 2024 | Anti-social behaviour | On or near Bobbin Road |