£233,552
This estimated value is based upon the latest sale price for the house of £185,000 on 28 Mar 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £185,000 | 28 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 March 2018 the House Price Index for NORFOLK was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £185,000 results in an estimated price of approximately £233,552.
| 28 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £185,000 | £48,552 | £233,552 |
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 | 40.491 % | £74,907 | £259,907 |
| 3 Month Average | 14.474 % | £26,777 | £211,777 |
| 6 Month Average | 16.469 % | £30,466 | £215,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £189,818 | £185,000 | 36 GARWOOD CLOSE |
| 22 Sep 2023 | £51,127 | £50,000 | 7 BARRETT CLOSE |
| 7 Sep 2023 | £186,614 | £182,500 | 26 GARWOOD CLOSE |
| 9 Jun 2023 | £245,928 | £241,000 | 7 BURE CLOSE |
| 17 Jan 2023 | £285,764 | £285,000 | 6 BURE CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Jan 2018. Using an estimated price of £233,553 means this house is valued at £2,654 per sq meter (£246 per sq foot).
The average size of a house on BURE CLOSE is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Garwood Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Colney Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Colney Road |
| Aug 2024 | Vehicle crime | Under investigation | On or near Colney Road |
| Oct 2024 | Anti-social behaviour | On or near Margaret Rose Close |