£180,452
This estimated value is based upon the latest sale price for the house of £145,000 on 11 Jan 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£145,000 | 11 Jan 2019 |
£120,000 | 27 Jul 2016 |
Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 2019 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £145,000 results in an estimated price of approximately £180,452.
11 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £145,000 | £35,452 | £180,452 |
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 | 44.717 % | £64,839 | £209,839 |
3 Month Average | 12.705 % | £18,422 | £163,422 |
6 Month Average | 13.353 % | £19,361 | £164,361 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £360,539 | £355,000 | 18 BURE CLOSE |
6 Apr 2023 | £263,427 | £258,500 | 73 LAWN AVENUE |
11 Mar 2022 | £187,908 | £180,000 | 22 LAWN AVENUE |
19 Jan 2022 | £318,059 | £300,000 | 87 LAWN AVENUE |
20 Dec 2021 | £83,107 | £77,000 | 18 SCHOOL ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 4 Jan 2017. Using an estimated price of £180,452 means this house is valued at £2,098 per sq meter (£194 per sq foot).
The average size of a house on NORTH RIVER ROAD is 61 sq meters (661 sq feet).
This house is the largest in the street with a floor area of 86 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near North River Road |