£363,002
This estimated value is based upon the latest sale price for the house of £355,000 on 2 Sep 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £355,000 | 2 Sep 2023 |
| 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 2023 the House Price Index for NORFOLK was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £355,000 results in an estimated price of approximately £363,002.
| 2 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £355,000 | £8,002 | £363,002 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | 6.351 % | £22,545 | £377,545 |
| 3 Month Average | 4.695 % | £16,668 | £371,668 |
| 6 Month Average | 7.399 % | £26,265 | £381,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £277,260 | £273,000 | 7 KINGSWOOD CLOSE |
| 2 Sep 2023 | £363,002 | £355,000 | 38 KINGSWOOD CLOSE |
| 20 Jun 2023 | £376,546 | £369,000 | 19 KINGSWOOD CLOSE |
| 31 May 2022 | £338,827 | £330,000 | 19 ALBURY WALK |
| 10 Mar 2022 | £375,816 | £360,000 | 16 KINGSWOOD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Elstead Close | |
| Aug 2024 | Anti-social behaviour | On or near Elstead Close | |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Cheyham Mount |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Parsons Mead |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Lane |