£300,614
This estimated value is based upon the latest sale price for the house of £260,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£260,000 | 18 Dec 2020 |
£245,000 | 22 Sep 2017 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2020 the House Price Index for NORFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £260,000 results in an estimated price of approximately £300,614.
18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £260,000 | £40,614 | £300,614 |
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 | -29.333 % | £-76,264 | £183,735 |
3 Month Average | 1.511 % | £3,927 | £263,927 |
6 Month Average | 5.860 % | £15,236 | £275,236 |
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 |
24 Jan 2023 | £315,844 | £315,000 | 19 TENNYSON WAY |
1 Apr 2022 | £303,446 | £292,500 | 25 WOODLANDS DRIVE |
31 Mar 2022 | £176,425 | £169,000 | 68 TENNYSON WAY |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 1 Feb 2017. Using an estimated price of £300,614 means this house is valued at £2,918 per sq meter (£271 per sq foot).
The average size of a house on TENNYSON WAY is 76 sq meters (828 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 Eliot Close |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Burns Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Betjeman Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Close |