£502,599
This estimated value is based upon the latest sale price for the house of £425,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £425,000 | 11 Sep 2020 |
| £200,000 | 1 May 2014 |
| 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 September 2020 the House Price Index for NORFOLK was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £425,000 results in an estimated price of approximately £502,599.
| 11 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £425,000 | £77,599 | £502,599 |
The Postcode Pricing Model uses changes in average sales price within the NR9 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 | 58.014 % | £246,561 | £671,561 |
| 3 Month Average | 13.938 % | £59,237 | £484,237 |
| 6 Month Average | 22.462 % | £95,462 | £520,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £280,303 | £275,000 | 21 GROVE ROAD |
| 19 Jul 2023 | £374,543 | £371,000 | 54 LYNCH GREEN |
| 16 Mar 2023 | £276,495 | £275,000 | 4 GROVE ROAD |
| 15 Feb 2023 | £497,646 | £500,000 | 7 GREAT MELTON ROAD |
| 6 May 2022 | £334,979 | £330,000 | 30 GROVE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Grove Road | |
| Apr 2024 | Anti-social behaviour | On or near Grove Road | |
| Mar 2024 | Anti-social behaviour | On or near Henstead Road | |
| Mar 2024 | Anti-social behaviour | On or near Henstead Road | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromwell Close |