£306,611
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Nov 2019. 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 Shepherd Close
More crime details
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| Price Paid | Date |
|---|---|
| £250,000 | 22 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2019 the House Price Index for NORFOLK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £250,000 results in an estimated price of approximately £306,611.
| 22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £250,000 | £56,611 | £306,611 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | -0.900 % | £-2,248 | £247,751 |
| 3 Month Average | -1.756 % | £-4,391 | £245,608 |
| 6 Month Average | 3.024 % | £7,559 | £257,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £354,775 | £350,000 | 561 EARLHAM ROAD |
| 16 Jun 2023 | £396,300 | £391,500 | 16 EARLHAM GREEN LANE |
| 17 Nov 2022 | £237,128 | £240,000 | 4 PRISCILLA CLOSE |
| 10 Dec 2021 | £312,842 | £292,000 | 4 FRIENDS ROAD |
| 29 Oct 2021 | £320,879 | £290,000 | 4 SCARNELL ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 12 Jun 2019. Using an estimated price of £306,611 means this house is valued at £3,832 per sq meter (£356 per sq foot).
The average size of a house on FRIENDS ROAD is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Shepherd Close |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Shepherd Close |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Shepherd Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shepherd Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Priscilla Close |