£205,848
This estimated value is based upon the latest sale price for the house of £140,000 on 13 May 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £140,000 | 13 May 2015 |
| £125,950 | 30 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2015 the House Price Index for NORFOLK was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £140,000 results in an estimated price of approximately £205,848.
| 13 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £140,000 | £65,848 | £205,848 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | 32.823 % | £45,952 | £185,952 |
| 3 Month Average | 35.899 % | £50,258 | £190,258 |
| 6 Month Average | 45.176 % | £63,246 | £203,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £214,003 | £210,000 | 42 SPENCER ROAD |
| 3 Feb 2023 | £234,064 | £232,500 | 38 OULTON ROAD |
| 7 Sep 2022 | £197,868 | £198,000 | 1 OULTON ROAD |
| 5 Sep 2022 | £209,860 | £210,000 | 25 OULTON ROAD |
| 1 Aug 2022 | £226,057 | £225,000 | 50 SPENCER ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 3 Jun 2021. Using an estimated price of £205,848 means this house is valued at £2,421 per sq meter (£224 per sq foot).
The average size of a house on OULTON ROAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oulton Road |
| Aug 2024 | Anti-social behaviour | On or near Oulton Road | |
| Aug 2024 | Anti-social behaviour | On or near Oulton Road | |
| Aug 2024 | Anti-social behaviour | On or near Oulton Road | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunderland Close |