£161,525
This estimated value is based upon the latest sale price for the house of £130,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £130,000 | 12 Jul 2019 |
| £68,000 | 8 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2019 the House Price Index for NORFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £130,000 results in an estimated price of approximately £161,525.
| 12 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £130,000 | £31,525 | £161,525 |
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 | 4.933 % | £6,413 | £136,413 |
| 3 Month Average | 15.077 % | £19,599 | £149,599 |
| 6 Month Average | 19.159 % | £24,906 | £154,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £209,436 | £203,000 | 36 PINE CLOSE |
| 27 Oct 2023 | £173,951 | £170,000 | 5 ELM ROAD |
| 7 Aug 2023 | £208,765 | £205,000 | 30 ELM ROAD |
| 21 Apr 2023 | £198,717 | £195,000 | 23 FIR ROAD |
| 31 Mar 2023 | £195,769 | £192,500 | 6 BEECH CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 4 Mar 2019. Using an estimated price of £161,526 means this house is valued at £1,994 per sq meter (£185 per sq foot).
The average size of a house on PINE CLOSE is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Pine Close | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Pine Close |
| Jun 2024 | Public order | Under investigation | On or near Pine Close |
| May 2024 | Public order | Under investigation | On or near Pine Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Pine Close |