£474,124
This estimated value is based upon the latest sale price for the house of £375,000 on 23 Jan 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £375,000 | 23 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 January 2018 the House Price Index for NORFOLK was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £375,000 results in an estimated price of approximately £474,124.
| 23 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £375,000 | £99,124 | £474,124 |
The Postcode Pricing Model uses changes in average sales price within the NR27 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 | 31.923 % | £119,711 | £494,711 |
| 3 Month Average | 18.557 % | £69,589 | £444,589 |
| 6 Month Average | 36.033 % | £135,123 | £510,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £350,000 | £350,000 | 229 ROUGHTON ROAD |
| 16 Oct 2023 | £322,321 | £315,000 | 8 HOLWAY CLOSE |
| 7 Nov 2022 | £423,022 | £425,000 | 249 ROUGHTON ROAD |
| 15 Jul 2022 | £411,119 | £407,000 | 17 COMPIT HILLS |
| 28 Jun 2022 | £301,444 | £295,000 | 62 COMPIT HILLS |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 8 May 2017. Using an estimated price of £474,124 means this house is valued at £3,338 per sq meter (£310 per sq foot).
The average size of a house on COMPIT HILLS is 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Compit Hills |
| Aug 2024 | Possession of weapons | Under investigation | On or near Compit Hills |
| Aug 2024 | Other crime | Under investigation | On or near Compit Hills |
| Aug 2024 | Drugs | Offender given a caution | On or near Compit Hills |
| Jul 2024 | Public order | Under investigation | On or near Roughton Road |