£349,281
This estimated value is based upon the latest sale price for the house of £179,950 on 20 Aug 2004. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £179,950 | 20 Aug 2004 |
| £69,000 | 14 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 August 2004 the House Price Index for NORFOLK was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £179,950 results in an estimated price of approximately £349,281.
| 20 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £179,950 | £169,331 | £349,281 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 83.519 % | £150,291 | £330,241 |
| 3 Month Average | 80.980 % | £145,723 | £325,673 |
| 6 Month Average | 89.271 % | £160,642 | £340,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £221,816 | £215,000 | 10 GRIMSHOE ROAD |
| 27 Nov 2023 | £293,449 | £286,000 | 28 GALLOW DRIVE |
| 21 Apr 2023 | £366,862 | £360,000 | 4 WAYLAND WALK |
| 10 Mar 2023 | £293,400 | £288,500 | 8 WAYLAND WALK |
| 8 Jul 2022 | £232,328 | £230,000 | 52 WIMBOTSHAM ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 18 Jan 2014. Using an estimated price of £349,282 means this house is valued at £2,816 per sq meter (£261 per sq foot).
The average size of a house on GRIMSHOE ROAD is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wimbotsham Road |
| Sep 2024 | Anti-social behaviour | On or near Wimbotsham Road | |
| Sep 2024 | Anti-social behaviour | On or near Wimbotsham Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Willow Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Willow Road |