£315,140
This estimated value is based upon the latest sale price for the house of £255,000 on 10 Dec 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £255,000 | 10 Dec 2019 |
| £245,000 | 28 Jul 2017 |
| £155,000 | 14 May 2009 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2019 the House Price Index for NORFOLK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £255,000 results in an estimated price of approximately £315,140.
| 10 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £255,000 | £60,140 | £315,140 |
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 | -5.816 % | £-14,830 | £240,169 |
| 3 Month Average | 1.421 % | £3,624 | £258,624 |
| 6 Month Average | 6.725 % | £17,149 | £272,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £247,455 | £242,000 | 29 WOODLANDS DRIVE |
| 4 Aug 2023 | £198,582 | £195,000 | 3 BYRON WALK |
| 12 Jun 2023 | £209,192 | £205,000 | 3 SHELLEY WAY |
| 1 Apr 2022 | £303,446 | £292,500 | 25 WOODLANDS DRIVE |
| 25 Mar 2022 | £313,180 | £300,000 | 4 ELIOT CLOSE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 23 May 2018. Using an estimated price of £315,141 means this house is valued at £2,945 per sq meter (£273 per sq foot).
The average size of a house on WOODLANDS DRIVE is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Burns Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eliot Close |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Eliot Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Close |