£270,323
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Jan 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £220,000 | 15 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 January 2020 the House Price Index for NORFOLK was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £220,000 results in an estimated price of approximately £270,323.
| 15 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £220,000 | £50,323 | £270,323 |
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 | -8.939 % | £-19,666 | £200,333 |
| 3 Month Average | -1.020 % | £-2,243 | £217,756 |
| 6 Month Average | 4.933 % | £10,853 | £230,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £572,623 | £560,000 | 146 WROXHAM ROAD |
| 23 Aug 2023 | £254,592 | £250,000 | 48 FALCON ROAD WEST |
| 14 Aug 2023 | £156,829 | £154,000 | THE OLD SURGERY, 1B CANNERBY LANE |
| 16 Jun 2023 | £285,726 | £280,000 | 15 MARTIN CLOSE |
| 27 Jan 2023 | £275,737 | £275,000 | 25 SPARHAWK AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 19 Aug 2020. Using an estimated price of £270,323 means this house is valued at £2,845 per sq meter (£264 per sq foot).
The average size of a house on FALCON ROAD WEST is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martin Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wroxham Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Road West |
| Jul 2024 | Anti-social behaviour | On or near Rosemary Road | |
| May 2024 | Anti-social behaviour | On or near Rosemary Road |