£420,930
This estimated value is based upon the latest sale price for the house of £390,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£390,000 | 17 Dec 2021 |
£138,000 | 15 Nov 2001 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 December 2021 the House Price Index for NORFOLK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £390,000 results in an estimated price of approximately £420,930.
17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £390,000 | £30,930 | £420,930 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | -36.594 % | £-142,716 | £247,283 |
3 Month Average | -22.404 % | £-87,377 | £302,622 |
6 Month Average | -9.540 % | £-37,206 | £352,793 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £302,683 | £295,000 | 20 ALLENS LANE |
11 Oct 2023 | £327,437 | £320,000 | 2 BREYDON ROAD |
25 Sep 2023 | £286,311 | £280,000 | 1 RECREATION GROUND ROAD |
9 Jun 2023 | £234,703 | £230,000 | 1 JUBILEE ROAD |
5 Jun 2023 | £336,748 | £330,000 | 15 GLENBURN AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 13 Jun 2012. Using an estimated price of £420,930 means this house is valued at £4,126 per sq meter (£383 per sq foot).
The average size of a house on NEVILLE ROAD is 92 sq meters (998 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rimington Road |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Terence Avenue |
Jun 2024 | Public order | Offender given a caution | On or near Albion Drive |
Apr 2024 | Drugs | Offender given a caution | On or near Albion Drive |
Apr 2024 | Drugs | Awaiting court outcome | On or near Albion Drive |