£585,561
This estimated value is based upon the latest sale price for the house of £575,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £575,000 | 18 Aug 2023 |
| Detached |
| Freehold |
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 August 2023 the House Price Index for NORFOLK was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £575,000 results in an estimated price of approximately £585,561.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £575,000 | £10,561 | £585,561 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | -13.879 % | £-79,802 | £495,197 |
| 3 Month Average | 13.347 % | £76,747 | £651,747 |
| 6 Month Average | 3.931 % | £22,601 | £597,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £761,703 | £750,000 | 16 NEWFOUND DRIVE |
| 18 Aug 2023 | £585,561 | £575,000 | 21 NEWFOUND DRIVE |
| 2 Jun 2023 | £276,542 | £271,000 | 61 WILLOWCROFT WAY |
| 24 Jun 2022 | £510,921 | £500,000 | 19 NEWFOUND DRIVE |
| 17 Dec 2021 | £348,616 | £323,000 | 71 WILLOWCROFT WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near St Lawrence Drive |
| Sep 2024 | Anti-social behaviour | On or near Chestnut Place | |
| Sep 2024 | Anti-social behaviour | On or near Mapletree Close | |
| Jul 2024 | Anti-social behaviour | On or near Harmer Lane | |
| Jul 2024 | Anti-social behaviour | On or near Harmer Lane |