£221,581
This estimated value is based upon the latest sale price for the house of £187,500 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £187,500 | 16 Oct 2020 |
| £166,000 | 10 Nov 2017 |
| £124,000 | 19 May 2010 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 October 2020 the House Price Index for NORFOLK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £187,500 results in an estimated price of approximately £221,581.
| 16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £187,500 | £34,081 | £221,581 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | 19.730 % | £36,994 | £224,494 |
| 3 Month Average | 11.194 % | £20,988 | £208,488 |
| 6 Month Average | 11.600 % | £21,749 | £209,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £275,000 | £275,000 | 3 ATTOE WALK |
| 17 Apr 2024 | £110,964 | £110,000 | 15 RACKHAM ROAD |
| 3 Apr 2024 | £322,803 | £320,000 | 25 CATTON GROVE ROAD |
| 15 Dec 2023 | £149,597 | £145,000 | 91 SLEAFORD GREEN |
| 20 Oct 2023 | £312,088 | £305,000 | 29 OLD GROVE COURT |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 9 Jun 2020. Using an estimated price of £221,581 means this house is valued at £3,120 per sq meter (£289 per sq foot).
The average size of a house on RACKHAM ROAD is 73 sq meters (791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boston Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rackham Road |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Rackham Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rackham Road |
| Oct 2024 | Drugs | Under investigation | On or near Rackham Road |