£231,126
This estimated value is based upon the latest sale price for the house of £182,500 on 19 Dec 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £182,500 | 19 Dec 2017 |
| £127,500 | 16 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2017 the House Price Index for NORFOLK was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £182,500 results in an estimated price of approximately £231,126.
| 19 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £182,500 | £48,626 | £231,126 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 37.085 % | £67,680 | £250,180 |
| 3 Month Average | 23.953 % | £43,713 | £226,213 |
| 6 Month Average | 17.923 % | £32,708 | £215,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £268,627 | £264,500 | 164 NELSON STREET |
| 17 Apr 2023 | £203,812 | £200,000 | 177 NELSON STREET |
| 3 Apr 2023 | £285,337 | £280,000 | 202 NELSON STREET |
| 10 Feb 2023 | £241,614 | £240,000 | 263 HEIGHAM STREET |
| 20 Jan 2023 | £281,251 | £280,500 | 232 NELSON STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Dec 2017. Using an estimated price of £231,126 means this house is valued at £3,301 per sq meter (£306 per sq foot).
The average size of a house on HEIGHAM STREET is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Old Laundry Court | |
| Jul 2024 | Anti-social behaviour | On or near Heigham Watering | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heigham Watering |
| Jul 2024 | Anti-social behaviour | On or near Heigham Watering | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Heigham Watering |