£279,034
This estimated value is based upon the latest sale price for the house of £235,000 on 8 Sep 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £235,000 | 8 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 September 2020 the House Price Index for NORFOLK was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £235,000 results in an estimated price of approximately £279,034.
| 8 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £235,000 | £44,034 | £279,034 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 29.458 % | £69,226 | £304,226 |
| 3 Month Average | 19.463 % | £45,736 | £280,736 |
| 6 Month Average | 5.471 % | £12,856 | £247,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £267,339 | £265,000 | 40 LONGFIELDS ROAD |
| 10 Aug 2023 | £290,542 | £288,000 | 16 LONGFIELDS ROAD |
| 30 Jun 2023 | £297,605 | £294,000 | 5 HANSELL ROAD |
| 21 Apr 2023 | £257,776 | £255,000 | 8 PRIOR ROAD |
| 31 Jan 2023 | £330,443 | £332,000 | 24 HANSELL ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 30 Oct 2018. Using an estimated price of £279,035 means this house is valued at £3,671 per sq meter (£341 per sq foot).
The average size of a house on LONGFIELDS ROAD is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frost Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frost Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frost Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Caston Road |
| Dec 2023 | Anti-social behaviour | On or near South Hill Close |