£241,195
This estimated value is based upon the latest sale price for the house of £227,500 on 5 Jan 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£227,500 | 5 Jan 2022 |
£172,000 | 28 Oct 2015 |
£135,000 | 27 Aug 2010 |
£98,500 | 28 Nov 2003 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2022 the House Price Index for NORFOLK was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £227,500 results in an estimated price of approximately £241,195.
5 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £227,500 | £13,695 | £241,195 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | 45.536 % | £103,593 | £331,093 |
3 Month Average | 9.155 % | £20,828 | £248,328 |
6 Month Average | 1.960 % | £4,459 | £231,959 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £273,018 | £267,000 | 49 BEACONSFIELD ROAD |
23 Jun 2023 | £209,192 | £205,000 | 11 BEACONSFIELD ROAD |
20 Mar 2023 | £219,668 | £216,000 | 7 SPENCER STREET |
10 Aug 2022 | £236,104 | £235,000 | 24 BEACONSFIELD ROAD |
15 Jul 2022 | £224,247 | £222,000 | 47 MARLBOROUGH ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Jul 2021. Using an estimated price of £241,195 means this house is valued at £3,259 per sq meter (£302 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 73 sq meters (793 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Mill Lane | |
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mill Lane |
Aug 2024 | Anti-social behaviour | On or near Mill Lane | |
Aug 2024 | Anti-social behaviour | On or near Mill Lane | |
Aug 2024 | Anti-social behaviour | On or near Mill Lane |