£224,323
This estimated value is based upon the latest sale price for the house of £182,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £182,000 | 14 Feb 2020 |
| £129,995 | 28 Nov 2008 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 February 2020 the House Price Index for NORFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £182,000 results in an estimated price of approximately £224,323.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £182,000 | £42,323 | £224,323 |
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 | 233.055 % | £424,159 | £606,159 |
| 3 Month Average | 44.632 % | £81,230 | £263,230 |
| 6 Month Average | 22.059 % | £40,147 | £222,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £279,427 | £277,000 | DUNVEGAN GLEBE CLOSE |
| 24 Nov 2023 | £97,474 | £95,000 | 28 LIME KILN LANE |
| 30 Jun 2023 | £232,663 | £228,000 | 6 ORCHARD WAY |
| 27 Apr 2023 | £193,622 | £190,000 | 41 CHALK CLOSE |
| 6 Mar 2023 | £172,887 | £170,000 | 14 GLEBE CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 13 Jun 2019. Using an estimated price of £224,323 means this house is valued at £3,348 per sq meter (£311 per sq foot).
The average size of a house on NORWICH ROAD is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chalk Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manse Court |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manse Court |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Manse Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Way |