£711,625
This estimated value is based upon the latest sale price for the house of £124,000 on 25 Oct 1995. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £124,000 | 25 Oct 1995 |
| Detached |
| 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 October 1995 the House Price Index for NORFOLK was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 473.891%.Applying this 473.891% change to the original purchase price of £124,000 results in an estimated price of approximately £711,625.
| 25 Oct 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 473.891 % | £124,000 | £587,625 | £711,625 |
The Postcode Pricing Model uses changes in average sales price within the NR14 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 | 561.678 % | £696,481 | £820,481 |
| 3 Month Average | 460.506 % | £571,026 | £695,026 |
| 6 Month Average | 459.947 % | £570,334 | £694,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £242,536 | £238,000 | 18 WEBSTER CLOSE |
| 27 Feb 2023 | £593,968 | £590,000 | 36 NORWICH ROAD |
| 11 Jan 2023 | £159,426 | £159,000 | 12 BANCROFT CLOSE |
| 7 Oct 2022 | £318,935 | £320,000 | 5 GRAVEL HILL |
| 27 May 2022 | £282,356 | £275,000 | 16 GRAVEL HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bancroft Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Webster Close |
| Oct 2024 | Other crime | Under investigation | On or near Morris Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waveney Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waveney Close |