£287,081
This estimated value is based upon the latest sale price for the house of £240,000 on 17 Sep 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 17 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2020 the House Price Index for NORFOLK was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £240,000 results in an estimated price of approximately £287,081.
| 17 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £240,000 | £47,081 | £287,081 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | 15.994 % | £38,386 | £278,386 |
| 3 Month Average | -3.559 % | £-8,540 | £231,459 |
| 6 Month Average | 11.207 % | £26,896 | £266,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £297,553 | £290,000 | WILLOW COTTAGE LONDON ROAD |
| 11 Oct 2023 | £276,275 | £270,000 | 2 CEDAR DRIVE |
| 28 Sep 2023 | £258,703 | £253,000 | 49 FAIRFIELD DRIVE |
| 23 Aug 2023 | £259,684 | £255,000 | 18 CEDAR DRIVE |
| 1 Jul 2022 | £303,036 | £300,000 | 7 CEDAR DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 21 Oct 2014. Using an estimated price of £287,081 means this house is valued at £3,338 per sq meter (£310 per sq foot).
The average size of a house on CEDAR DRIVE is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sycamore Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rye Lane |
| Jul 2024 | Anti-social behaviour | On or near Rye Lane | |
| Jul 2024 | Anti-social behaviour | On or near Rye Lane |