£187,445
This estimated value is based upon the latest sale price for the house of £146,500 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £146,500 | 25 Aug 2017 |
| £117,500 | 4 Mar 2014 |
| £35,000 | 31 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 51 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 August 2017 the House Price Index for NORFOLK was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £146,500 results in an estimated price of approximately £187,445.
| 25 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £146,500 | £40,945 | £187,445 |
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 | -31.112 % | £-45,579 | £100,920 |
| 3 Month Average | 7.899 % | £11,571 | £158,071 |
| 6 Month Average | 17.843 % | £26,140 | £172,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £173,476 | £170,000 | 72 SHELLEY WAY |
| 8 Mar 2023 | £174,921 | £172,000 | 74 SHELLEY WAY |
| 24 Sep 2021 | £227,970 | £210,000 | 17 RAMSEY CLOSE |
| 14 Aug 2020 | £190,855 | £158,000 | 68 SHELLEY WAY |
| 17 Dec 2019 | £215,655 | £174,500 | 11 RAMSEY CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 29 Jul 2013. Using an estimated price of £187,445 means this house is valued at £3,675 per sq meter (£341 per sq foot).
The average size of a house on SHELLEY WAY is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Keats Close | |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Keats Close |
| Jun 2024 | Anti-social behaviour | On or near Keats Close | |
| Jun 2024 | Anti-social behaviour | On or near Keats Close | |
| Jun 2024 | Anti-social behaviour | On or near Keats Close |