£459,202
This estimated value is based upon the latest sale price for the house of £450,000 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £450,000 | 2 Jun 2023 |
| 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 June 2023 the House Price Index for NORFOLK was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £450,000 results in an estimated price of approximately £459,202.
| 2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £450,000 | £9,202 | £459,202 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 7.794 % | £35,073 | £485,073 |
| 3 Month Average | 2.476 % | £11,144 | £461,144 |
| 6 Month Average | 2.395 % | £10,775 | £460,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £226,974 | £220,000 | 22 WOOD VIEW COURT |
| 26 Jun 2023 | £505,123 | £495,000 | 68 GURNEY ROAD |
| 2 Jun 2023 | £459,202 | £450,000 | 35 GROVE AVENUE |
| 14 Apr 2023 | £244,575 | £240,000 | 3 WOOD VIEW COURT |
| 6 Mar 2023 | £244,076 | £240,000 | 11 WOOD VIEW COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grove Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Grove Avenue |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Grove Avenue |
| Oct 2024 | Other theft | Under investigation | On or near George Low Close |
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near George Low Close |