£82,181
This estimated value is based upon the latest sale price for the house of £65,000 on 10 Jan 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £65,000 | 10 Jan 2018 |
| £54,950 | 16 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 January 2018 the House Price Index for NORFOLK was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £65,000 results in an estimated price of approximately £82,181.
| 10 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £65,000 | £17,181 | £82,181 |
The Postcode Pricing Model uses changes in average sales price within the NR30 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 | 25.744 % | £16,733 | £81,733 |
| 3 Month Average | 20.319 % | £13,207 | £78,207 |
| 6 Month Average | 13.713 % | £8,913 | £73,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £87,695 | £85,000 | 19A NORTH MARKET ROAD |
| 24 Nov 2023 | £135,438 | £132,000 | 59 ST NICHOLAS ROAD |
| 29 Mar 2023 | £119,496 | £117,500 | 86 ST NICHOLAS ROAD |
| 30 Jan 2023 | £85,228 | £85,000 | 66 ST NICHOLAS ROAD |
| 16 Jan 2023 | £92,246 | £92,000 | 12 SWIRLES BUILDINGS MIDDLE MARKET ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 13 Oct 2017. Using an estimated price of £82,182 means this house is valued at £1,347 per sq meter (£125 per sq foot).
The average size of a house on NORTH MARKET ROAD is 64 sq meters (691 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Silkmill Road |
| Jul 2024 | Drugs | Local resolution | On or near Silkmill Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Silkmill Road |
| May 2024 | Drugs | Local resolution | On or near Silkmill Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silkmill Road |