£273,201
This estimated value is based upon the latest sale price for the house of £61,950 on 4 Jun 1999. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £61,950 | 4 Jun 1999 |
| Detached |
| Freehold |
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 June 1999 the House Price Index for NORFOLK was 33.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 341.003%.Applying this 341.003% change to the original purchase price of £61,950 results in an estimated price of approximately £273,201.
| 4 Jun 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 149.7 | 341.003 % | £61,950 | £211,251 | £273,201 |
The Postcode Pricing Model uses changes in average sales price within the PE31 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 | 283.790 % | £175,807 | £237,757 |
| 3 Month Average | 336.322 % | £208,351 | £270,301 |
| 6 Month Average | 405.973 % | £251,500 | £313,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £725,000 | £725,000 | 1B CHENEY HILL |
| 25 Oct 2023 | £276,275 | £270,000 | 30 CHENEY HILL |
| 30 Aug 2023 | £259,684 | £255,000 | 44 SOUTH MOOR DRIVE |
| 27 Jan 2022 | £246,496 | £232,500 | 10 CHENEY HILL |
| 21 Dec 2021 | £259,034 | £240,000 | 46 CHENEY HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near South Moor Drive | |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Benstead Close |