£429,147
This estimated value is based upon the latest sale price for the house of £385,000 on 26 Oct 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £385,000 | 26 Oct 2021 |
| £327,500 | 22 Nov 2019 |
| £290,000 | 30 May 2012 |
| Terraced |
| Freehold |
| Floor Area: 156 sq meters or 1,685 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 October 2021 the House Price Index for NORFOLK was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £385,000 results in an estimated price of approximately £429,147.
| 26 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £385,000 | £44,147 | £429,147 |
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 | 59.267 % | £228,178 | £613,178 |
| 3 Month Average | 8.609 % | £33,143 | £418,143 |
| 6 Month Average | 2.518 % | £9,693 | £394,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £410,000 | £410,000 | 16 OTTAWAY CLOSE |
| 22 May 2024 | £255,000 | £255,000 | 9 MEADOWVALE |
| 7 Sep 2023 | £287,334 | £281,000 | 12 MEADOW CLOSE |
| 1 Aug 2023 | £283,106 | £278,000 | 21 MEADOW ROAD |
| 26 Jun 2023 | £287,767 | £282,000 | 15 MEADOW ROAD |
This house has a floor area of 156 sq meters or 1,685 sq feet when measured on 24 Nov 2011. Using an estimated price of £429,147 means this house is valued at £2,740 per sq meter (£254 per sq foot).
The average size of a house on OTTAWAY CLOSE is 156 sq meters (1,688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ottaway Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Meadow Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow Close |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Elder Close |
| Jul 2024 | Anti-social behaviour | On or near Elder Close |