£175,159
This estimated value is based upon the latest sale price for the house of £178,000 on 25 Nov 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £178,000 | 25 Nov 2022 |
| £132,500 | 5 Feb 2016 |
| 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 November 2022 the House Price Index for NORFOLK was 150.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.596%.Applying this -1.596% change to the original purchase price of £178,000 results in an estimated price of approximately £175,159.
| 25 Nov 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.0 | -1.596 % | £178,000 | £-2,840 | £175,159 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 19.973 % | £35,552 | £213,552 |
| 3 Month Average | -5.816 % | £-10,351 | £167,648 |
| 6 Month Average | -2.489 % | £-4,430 | £173,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £173,910 | £172,500 | 41 STATION ROAD |
| 3 Mar 2023 | £139,504 | £138,750 | 15 AVENUE GARDENS |
| 25 Nov 2022 | £175,160 | £178,000 | 26 STATION ROAD |
| 3 Nov 2022 | £305,053 | £310,000 | 58 STATION ROAD |
| 24 Mar 2022 | £374,128 | £362,500 | 21 STATION ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 13 Oct 2015. Using an estimated price of £175,160 means this house is valued at £2,467 per sq meter (£229 per sq foot).
The average size of a house on STATION ROAD is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Painter Street | |
| Feb 2024 | Anti-social behaviour | On or near Painter Street | |
| Feb 2024 | Anti-social behaviour | On or near Painter Street | |
| Apr 2024 | Public order | Under investigation | On or near Station Road |
| Apr 2024 | Public order | Under investigation | On or near Station Road |