£538,268
This estimated value is based upon the latest sale price for the house of £215,000 on 16 Dec 2002. 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 Westgate
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| Price Paid | Date |
|---|---|
| £215,000 | 16 Dec 2002 |
| £105,000 | 26 Jan 2001 |
| £74,000 | 31 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 December 2002 the House Price Index for NORFOLK was 58.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 150.357%.Applying this 150.357% change to the original purchase price of £215,000 results in an estimated price of approximately £538,268.
| 16 Dec 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 146.7 | 150.357 % | £215,000 | £323,268 | £538,268 |
The Postcode Pricing Model uses changes in average sales price within the NR22 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 | 4.134 % | £8,888 | £223,888 |
| 3 Month Average | 112.826 % | £242,576 | £457,576 |
| 6 Month Average | 108.083 % | £232,377 | £447,377 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 21 Apr 2015.
The average size of a house on WESTGATE is 161 sq meters (1,736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Westgate |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Road |
| Mar 2024 | Anti-social behaviour | On or near Mount Pleasant | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wells Road |