£246,753
This estimated value is based upon the latest sale price for the house of £142,500 on 6 Jan 2012. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £142,500 | 6 Jan 2012 |
| £130,000 | 23 Oct 2008 |
| £122,000 | 1 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 51 sq meters or 548 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 January 2012 the House Price Index for NORFOLK was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £142,500 results in an estimated price of approximately £246,753.
| 6 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £142,500 | £104,253 | £246,753 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 31.781 % | £45,288 | £187,788 |
| 3 Month Average | 40.990 % | £58,410 | £200,910 |
| 6 Month Average | 48.601 % | £69,256 | £211,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jun 2024 | £152,000 | £152,000 | 65 ELIZABETH AVENUE |
| 15 May 2024 | £158,000 | £158,000 | 38 GARGLE HILL |
| 4 Dec 2023 | £214,594 | £208,000 | 12 GARGLE HILL |
| 31 Aug 2023 | £178,214 | £175,000 | 67 ELIZABETH AVENUE |
| 18 Aug 2023 | £198,582 | £195,000 | 37 ELIZABETH AVENUE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 12 Aug 2020. Using an estimated price of £246,753 means this house is valued at £4,838 per sq meter (£449 per sq foot).
The average size of a house on ELIZABETH AVENUE is 73 sq meters (794 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gargle Hill |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ring Road |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ring Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ring Road |