£270,969
This estimated value is based upon the latest sale price for the house of £202,000 on 1 Jul 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£202,000 | 1 Jul 2016 |
£51,000 | 27 May 2002 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 July 2016 the House Price Index for NORFOLK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £202,000 results in an estimated price of approximately £270,969.
1 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £202,000 | £68,969 | £270,969 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 18.225 % | £36,813 | £238,813 |
3 Month Average | 37.694 % | £76,142 | £278,142 |
6 Month Average | 37.899 % | £76,555 | £278,555 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £233,139 | £228,000 | 7 BUTTERCUP WAY |
24 Feb 2023 | £284,400 | £282,500 | 10 THISTLE CLOSE |
25 Aug 2022 | £241,128 | £240,000 | 15 SPEEDWELL WAY |
2 Aug 2022 | £276,292 | £275,000 | 78 SUKEY WAY |
3 May 2022 | £277,222 | £270,000 | 76 SUKEY WAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 26 Oct 2021. Using an estimated price of £270,969 means this house is valued at £4,233 per sq meter (£393 per sq foot).
The average size of a house on THE RUNNEL is 98 sq meters (1,064 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near The Runnel |
Oct 2024 | Violence and sexual offences | Under investigation | On or near The Runnel |
Oct 2024 | Public order | Under investigation | On or near The Runnel |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Runnel |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thistle Close |