£317,548
This estimated value is based upon the latest sale price for the house of £255,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £255,000 | 31 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 May 2019 the House Price Index for NORFOLK was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £255,000 results in an estimated price of approximately £317,548.
| 31 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £255,000 | £62,548 | £317,548 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | -5.797 % | £-14,783 | £240,216 |
| 3 Month Average | 2.006 % | £5,114 | £260,114 |
| 6 Month Average | 10.062 % | £25,657 | £280,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £509,424 | £505,000 | 129 GAYWOOD ROAD |
| 15 Dec 2023 | £288,877 | £280,000 | 2 YARE CRESCENT |
| 16 Nov 2023 | £256,511 | £250,000 | 5 WISSEY CLOSE |
| 30 Aug 2023 | £290,235 | £285,000 | 141 GAYWOOD ROAD |
| 14 Apr 2023 | £193,622 | £190,000 | 8 BOUDICCA WALK |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 18 Apr 2019. Using an estimated price of £317,548 means this house is valued at £2,761 per sq meter (£256 per sq foot).
The average size of a house on GREENPARK AVENUE is 90 sq meters (972 sq feet).