£346,914
This estimated value is based upon the latest sale price for the house of £230,000 on 14 Nov 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£230,000 | 14 Nov 2014 |
£58,000 | 20 Sep 1996 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 2014 the House Price Index for NORFOLK was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £230,000 results in an estimated price of approximately £346,914.
14 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £230,000 | £116,914 | £346,914 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | 44.007 % | £101,215 | £331,215 |
3 Month Average | 51.599 % | £118,678 | £348,678 |
6 Month Average | 54.413 % | £125,148 | £355,148 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jul 2024 | £310,000 | £310,000 | 201 SPIXWORTH ROAD |
9 Nov 2023 | £297,553 | £290,000 | 38 BILLING CLOSE |
8 Nov 2023 | £194,949 | £190,000 | 11 SYWELL CLOSE |
5 Oct 2023 | £358,134 | £350,000 | 157 SPIXWORTH ROAD |
20 Mar 2023 | £391,539 | £385,000 | 33 BURMA ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 2 Dec 2013. Using an estimated price of £346,915 means this house is valued at £3,434 per sq meter (£319 per sq foot).
There is one other house on the street which we know the size of, this is 9 OVERSTONE COURT it is 53.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Sywell Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Lovett Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near The Paddocks |
Sep 2024 | Anti-social behaviour | On or near The Paddocks | |
Sep 2024 | Anti-social behaviour | On or near The Paddocks |