£5,044,384
This estimated value is based upon the latest sale price for the house of £840,000 on 15 Nov 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£840,000 | 15 Nov 2023 |
£395,000 | 31 Aug 2007 |
Detached |
Freehold |
Floor Area: 211 sq meters or 2,271 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 November 2023 the House Price Index for NORFOLK was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £840,000 results in an estimated price of approximately £5,044,384.
15 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 146.7 | 500.522 % | £840,000 | £4,204,384 | £5,044,384 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | -7.945 % | £-66,735 | £773,264 |
3 Month Average | -9.031 % | £-75,857 | £764,142 |
6 Month Average | 0.414 % | £3,476 | £843,476 |
This house has a floor area of 211 sq meters or 2,271 sq feet when measured on 2 Jun 2017.
The average size of a house on ALBEMARLE ROAD is 221 sq meters (2,384 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near The Cedars |
Dec 2023 | Violence and sexual offences | Under investigation | On or near The Cedars |
Mar 2024 | Public order | Under investigation | On or near Mount Pleasant |
Jan 2024 | Anti-social behaviour | On or near Albert Terrace | |
Jan 2024 | Anti-social behaviour | On or near Albert Terrace |