£213,898
This estimated value is based upon the latest sale price for the house of £185,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£185,000 | 18 Dec 2020 |
£73,500 | 13 Aug 2001 |
£54,000 | 28 Apr 2000 |
£43,995 | 28 Jun 1996 |
Semi-Detached |
Freehold |
Floor Area: 53 sq meters or 572 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 December 2020 the House Price Index for NORFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £185,000 results in an estimated price of approximately £213,898.
18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £185,000 | £28,898 | £213,898 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 38.918 % | £71,998 | £256,998 |
3 Month Average | 3.763 % | £6,961 | £191,961 |
6 Month Average | -1.281 % | £-2,370 | £182,629 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £235,990 | £230,000 | 14 HANCOCK COURT |
23 Jan 2023 | £325,871 | £325,000 | 7 HEMPSTED MEWS |
25 Jul 2022 | £242,429 | £240,000 | 13 EDRICH WAY |
20 May 2022 | £264,901 | £258,000 | 16 EDRICH WAY |
4 Mar 2022 | £172,249 | £165,000 | 16 THURLBY ROAD |
This house has a floor area of 53 sq meters or 572 sq feet when measured on 14 Oct 2008. Using an estimated price of £213,899 means this house is valued at £4,020 per sq meter (£373 per sq foot).
The average size of a house on EDRICH WAY is 85 sq meters (921 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooke Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooke Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooke Close |
May 2024 | Violence and sexual offences | Local resolution | On or near Cooke Close |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Cooke Close |