£246,510
This estimated value is based upon the latest sale price for the house of £170,000 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £170,000 | 24 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2015 the House Price Index for NORFOLK was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £170,000 results in an estimated price of approximately £246,510.
| 24 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £170,000 | £76,510 | £246,510 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 40.633 % | £69,075 | £239,075 |
| 3 Month Average | 50.109 % | £85,185 | £255,185 |
| 6 Month Average | 51.040 % | £86,767 | £256,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £142,230 | £139,000 | 48 ETHELREDA DRIVE |
| 9 Jun 2023 | £474,509 | £465,000 | 20 BENBOW ROAD |
| 22 Aug 2022 | £281,315 | £280,000 | 5 ETHELREDA DRIVE |
| 25 Feb 2022 | £322,219 | £305,000 | 36 BENBOW ROAD |
| 21 Feb 2022 | £195,445 | £185,000 | 17 BENBOW ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 13 Apr 2015. Using an estimated price of £246,510 means this house is valued at £3,043 per sq meter (£282 per sq foot).
The average size of a house on BENBOW ROAD is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Benbow Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Frobisher Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Frobisher Close |
| Jul 2024 | Anti-social behaviour | On or near Supermarket | |
| Jul 2024 | Bicycle theft | Under investigation | On or near Supermarket |