£319,211
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Sep 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 14 Sep 2017 |
| £210,000 | 21 Oct 2016 |
| Detached |
| 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 September 2017 the House Price Index for NORFOLK was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £250,000 results in an estimated price of approximately £319,211.
| 14 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £250,000 | £69,211 | £319,211 |
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 | -7.799 % | £-19,498 | £230,501 |
| 3 Month Average | -1.879 % | £-4,696 | £245,303 |
| 6 Month Average | 10.355 % | £25,888 | £275,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £276,086 | £270,000 | 14 TIERCEL AVENUE |
| 31 Aug 2023 | £218,949 | £215,000 | 60 VARVEL AVENUE |
| 8 Aug 2023 | £244,408 | £240,000 | 71 FALCON ROAD WEST |
| 1 Feb 2023 | £277,856 | £276,000 | 46 VARVEL AVENUE |
| 1 Apr 2022 | £290,478 | £280,000 | 14 CREANCE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 9 Jun 2016. Using an estimated price of £319,212 means this house is valued at £4,495 per sq meter (£417 per sq foot).
The average size of a house on VARVEL AVENUE is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Varvel Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Varvel Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Road West |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tiercel Avenue |
| Apr 2024 | Other crime | Further investigation is not in the public interest | On or near Linacre Close |