£215,440
This estimated value is based upon the latest sale price for the house of £125,000 on 11 Nov 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£125,000 | 11 Nov 2011 |
£119,000 | 25 Nov 2004 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 November 2011 the House Price Index for NORFOLK was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £125,000 results in an estimated price of approximately £215,440.
11 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.352 % | £125,000 | £90,440 | £215,440 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | 59.435 % | £74,294 | £199,294 |
3 Month Average | 53.478 % | £66,847 | £191,847 |
6 Month Average | 63.613 % | £79,516 | £204,516 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £299,433 | £295,000 | 57 DUKE STREET |
11 Jul 2023 | £5,068 | £5,000 | 2 MUSPOLE STREET |
21 Jun 2023 | £200,023 | £197,600 | 7 SCHOLARS COURT, 14 OAK STREET |
6 Jun 2023 | £296,846 | £293,250 | 59 DUKE STREET |
6 Jan 2023 | £194,086 | £195,000 | 7A MUSPOLE STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 1 Oct 2014. Using an estimated price of £215,440 means this house is valued at £3,714 per sq meter (£345 per sq foot).
The average size of a house on DUKE STREET is 72 sq meters (776 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duke Street |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Duke Street |
Jan 2024 | Drugs | Local resolution | On or near Duke Street |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Duke Street |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Duke Street |