£280,051
This estimated value is based upon the latest sale price for the house of £275,000 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 11 Aug 2023 |
| £189,995 | 6 Feb 2015 |
| £145,500 | 18 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 August 2023 the House Price Index for NORFOLK was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £275,000 results in an estimated price of approximately £280,051.
| 11 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £275,000 | £5,051 | £280,051 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | -5.904 % | £-16,235 | £258,764 |
| 3 Month Average | -13.335 % | £-36,671 | £238,328 |
| 6 Month Average | -3.173 % | £-8,725 | £266,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £245,410 | £240,000 | 20 SHELFORD DRIVE |
| 11 Aug 2023 | £280,051 | £275,000 | 275 WOOTTON ROAD |
| 19 Jun 2023 | £255,112 | £250,000 | 23 EMPIRE AVENUE |
| 7 Apr 2022 | £435,717 | £420,000 | 224 WOOTTON ROAD |
| 30 Mar 2022 | £276,642 | £265,000 | 24 SHELFORD DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 21 Jul 2016. Using an estimated price of £280,051 means this house is valued at £2,745 per sq meter (£255 per sq foot).
The average size of a house on WOOTTON ROAD is 121 sq meters (1,304 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lea Way |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Oct 2024 | Public order | Under investigation | On or near Petrol Station |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Oct 2024 | Public order | Under investigation | On or near Petrol Station |