£239,487
This estimated value is based upon the latest sale price for the house of £178,000 on 14 Jun 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £178,000 | 14 Jun 2016 |
| £138,000 | 20 May 2011 |
| £128,000 | 25 Aug 2005 |
| £57,500 | 17 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 June 2016 the House Price Index for NORFOLK was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £178,000 results in an estimated price of approximately £239,487.
| 14 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £178,000 | £61,487 | £239,487 |
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 | -2.357 % | £-4,195 | £173,804 |
| 3 Month Average | 5.650 % | £10,056 | £188,056 |
| 6 Month Average | 18.242 % | £32,471 | £210,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2022 | £93,687 | £94,000 | 103 LAUREL COURT ARMSTRONG ROAD |
| 28 Jun 2022 | £112,403 | £110,000 | 95 LAUREL COURT ARMSTRONG ROAD |
| 13 Apr 2022 | £81,956 | £79,000 | 151 LAUREL COURT ARMSTRONG ROAD |
| 27 Aug 2021 | £90,472 | £80,500 | 131 LAUREL COURT ARMSTRONG ROAD |
| 7 May 2021 | £141,731 | £124,500 | 171 LAUREL COURT ARMSTRONG ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Sep 2010. Using an estimated price of £239,488 means this house is valued at £3,323 per sq meter (£308 per sq foot).
The average size of a house on RACECOURSE ROAD is 66 sq meters (719 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Racecourse Road |
| Jun 2024 | Other theft | Under investigation | On or near Racecourse Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Racecourse Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Woodside Road |
| Jul 2024 | Public order | Under investigation | On or near Woodside Road |