£224,805
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Jun 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£220,000 | 28 Jun 2022 |
£180,000 | 29 Jul 2016 |
£130,000 | 11 Apr 2007 |
Terraced |
Freehold |
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 June 2022 the House Price Index for NORFOLK was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £220,000 results in an estimated price of approximately £224,805.
28 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £220,000 | £4,805 | £224,805 |
The Postcode Pricing Model uses changes in average sales price within the NR10 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 | 3.161 % | £6,953 | £226,953 |
3 Month Average | -8.391 % | £-18,459 | £201,540 |
6 Month Average | -12.333 % | £-27,132 | £192,867 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jul 2024 | £295,000 | £295,000 | 16 CEDAR AVENUE |
28 Jun 2022 | £224,805 | £220,000 | 31 CEDAR AVENUE |
22 Dec 2021 | £226,655 | £210,000 | 5 CEDAR AVENUE |
21 Dec 2021 | £251,479 | £233,000 | 19 CHESTNUT AVENUE |
20 Dec 2021 | £242,844 | £225,000 | 37 CEDAR AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedar Avenue |
Aug 2024 | Anti-social behaviour | On or near Cedar Avenue | |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedar Avenue |
Aug 2024 | Anti-social behaviour | On or near Cedar Avenue | |
Aug 2024 | Anti-social behaviour | On or near Cedar Avenue |