£291,988
This estimated value is based upon the latest sale price for the house of £235,000 on 23 Jul 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £235,000 | 23 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2019 the House Price Index for NORFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £235,000 results in an estimated price of approximately £291,988.
| 23 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £235,000 | £56,988 | £291,988 |
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 | -0.997 % | £-2,342 | £232,657 |
| 3 Month Average | 13.779 % | £32,379 | £267,379 |
| 6 Month Average | 10.805 % | £25,391 | £260,391 |
| 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 99 sq meters or 1,065 sq feet when measured on 10 May 2019. Using an estimated price of £291,989 means this house is valued at £2,949 per sq meter (£274 per sq foot).
The average size of a house on BENBOW ROAD is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hoy Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hoy Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hoy Drive |
| Aug 2024 | Anti-social behaviour | On or near Hoy Drive | |
| Aug 2024 | Anti-social behaviour | On or near Hoy Drive |