£276,896
This estimated value is based upon the latest sale price for the house of £258,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £258,000 | 27 Sep 2021 |
| £217,000 | 4 May 2018 |
| £148,500 | 30 Sep 2011 |
| £66,000 | 11 May 2001 |
| Terraced |
| 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 2021 the House Price Index for NORFOLK was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £258,000 results in an estimated price of approximately £276,896.
| 27 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £258,000 | £18,896 | £276,896 |
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 | 19.457 % | £50,197 | £308,197 |
| 3 Month Average | 20.320 % | £52,424 | £310,424 |
| 6 Month Average | 7.251 % | £18,706 | £276,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £486,644 | £485,000 | 18 PARK CLOSE |
| 15 Feb 2023 | £497,646 | £500,000 | 7 GREAT MELTON ROAD |
| 14 Jul 2022 | £217,706 | £218,000 | 31 CENTRAL CRESCENT |
| 24 Jun 2022 | £456,628 | £452,000 | 33 CENTRAL CRESCENT |
| 12 Nov 2021 | £430,859 | £400,000 | LANGFORDS OAK CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromwell Close |
| Apr 2024 | Burglary | Under investigation | On or near Great Melton Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Great Melton Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Great Melton Close |