£134,612
This estimated value is based upon the latest sale price for the house of £79,000 on 5 Dec 2012. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £79,000 | 5 Dec 2012 |
| £35,000 | 12 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 548 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 December 2012 the House Price Index for NORFOLK was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £79,000 results in an estimated price of approximately £134,612.
| 5 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £79,000 | £55,612 | £134,612 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 101.348 % | £80,064 | £159,064 |
| 3 Month Average | 79.288 % | £62,637 | £141,637 |
| 6 Month Average | 62.799 % | £49,611 | £128,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £158,011 | £154,000 | 8 ST MARYS WAY |
| 29 Jun 2023 | £132,658 | £130,000 | 3 ST MARYS WAY |
| 4 Aug 2022 | £331,550 | £330,000 | NORTHWICK BUNGALOW NORTHFIELD ROAD |
| 31 May 2022 | £256,687 | £250,000 | 36 HAMILTON CLOSE |
| 23 Mar 2022 | £647,238 | £620,000 | ORCHARD HOUSE NORTHFIELD ROAD |
This house has a floor area of 50 sq meters or 548 sq feet when measured on 16 Mar 2012. Using an estimated price of £134,613 means this house is valued at £2,643 per sq meter (£245 per sq foot).
The average size of a house on NELSON WAY is 65 sq meters (701 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near St Mary'S Way | |
| Sep 2024 | Anti-social behaviour | On or near St Mary'S Way | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Way |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Anti-social behaviour | On or near Parking Area |