£292,442
This estimated value is based upon the latest sale price for the house of £210,000 on 23 Nov 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £210,000 | 23 Nov 2015 |
| £62,900 | 31 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2015 the House Price Index for NORFOLK was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £210,000 results in an estimated price of approximately £292,442.
| 23 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £210,000 | £82,442 | £292,442 |
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 | 78.528 % | £164,909 | £374,909 |
| 3 Month Average | 39.159 % | £82,233 | £292,233 |
| 6 Month Average | 30.099 % | £63,207 | £273,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £252,206 | £250,000 | 19 INDEPENDENT WAY |
| 11 Aug 2023 | £278,940 | £276,500 | 50 WINSTANLEY ROAD |
| 31 Mar 2023 | £224,111 | £222,000 | 15 WINCEBY CLOSE |
| 18 Nov 2022 | £407,069 | £412,000 | 3 WINSTANLEY ROAD |
| 19 Aug 2022 | £290,219 | £291,000 | 59 WINSTANLEY ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 Jul 2015. Using an estimated price of £292,443 means this house is valued at £3,749 per sq meter (£348 per sq foot).
The average size of a house on NEWBURY WAY is 115 sq meters (1,247 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Newbury Way | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newark Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newark Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Newark Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Newark Close |