£1,021,868
This estimated value is based upon the latest sale price for the house of £840,000 on 12 Nov 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Melrose Road
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| Price Paid | Date |
|---|---|
| £840,000 | 12 Nov 2018 |
| £413,000 | 1 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 250 sq meters or 2,690 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 2018 the House Price Index for NORFOLK was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £840,000 results in an estimated price of approximately £1,021,868.
| 12 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £840,000 | £181,868 | £1,021,868 |
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 | 19.697 % | £165,454 | £1,005,454 |
| 3 Month Average | 15.235 % | £127,973 | £967,973 |
| 6 Month Average | 20.745 % | £174,260 | £1,014,260 |
This house has a floor area of 250 sq meters or 2,690 sq feet when measured on 16 Jan 2015.
The average size of a house on CHURCH AVENUE is 268 sq meters (2,893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Melrose Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Melrose Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Plantation |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Leopold Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Waldeck Road |