£213,046
This estimated value is based upon the latest sale price for the house of £206,500 on 18 Dec 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£206,500 | 18 Dec 2023 |
£166,000 | 9 Mar 2020 |
£133,000 | 30 Dec 2014 |
£125,000 | 10 Oct 2007 |
£28,000 | 17 Dec 1996 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 December 2023 the House Price Index for NORFOLK was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £206,500 results in an estimated price of approximately £213,046.
18 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £206,500 | £6,546 | £213,046 |
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 | -4.268 % | £-8,813 | £197,686 |
3 Month Average | -2.777 % | £-5,733 | £200,766 |
6 Month Average | -4.353 % | £-8,988 | £197,511 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £40,624 | £40,000 | 76 SILVER ROAD |
28 Mar 2024 | £196,519 | £193,500 | 6 MORLEY STREET |
18 Dec 2023 | £213,046 | £206,500 | 26 MORLEY STREET |
27 Oct 2023 | £225,113 | £220,000 | 42 MORLEY STREET |
29 Jun 2023 | £157,149 | £154,000 | 84 SILVER ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Jan 2020. Using an estimated price of £213,046 means this house is valued at £3,087 per sq meter (£286 per sq foot).
The average size of a house on MORLEY STREET is 85 sq meters (918 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Morley Street |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morley Street |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morley Street |
Sep 2024 | Theft from the person | Unable to prosecute suspect | On or near Morley Street |
Aug 2024 | Anti-social behaviour | On or near Morley Street |