£200,904
This estimated value is based upon the latest sale price for the house of £165,000 on 15 Jul 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £165,000 | 15 Jul 2019 |
| £126,000 | 27 Jan 2006 |
| £72,000 | 1 Mar 2002 |
| £39,950 | 1 Mar 1996 |
| 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 July 2019 the House Price Index for NORFOLK was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.760%.Applying this 21.760% change to the original purchase price of £165,000 results in an estimated price of approximately £200,904.
| 15 Jul 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.760 % | £165,000 | £35,904 | £200,904 |
The Postcode Pricing Model uses changes in average sales price within the NR19 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 | -26.311 % | £-43,412 | £121,587 |
| 3 Month Average | 20.940 % | £34,551 | £199,551 |
| 6 Month Average | 16.308 % | £26,908 | £191,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £247,075 | £243,750 | 9 WRIGHT DRIVE |
| 23 Jun 2023 | £318,862 | £315,000 | 34 BLUEBELL CLOSE |
| 21 Jul 2022 | £120,324 | £120,000 | 27 NORMAN CLOSE |
| 7 May 2021 | £231,658 | £205,000 | 11 WRIGHT DRIVE |
| 18 Dec 2020 | £214,049 | £186,500 | 2 NORMAN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Grove Close |
| Mar 2024 | Possession of weapons | Under investigation | On or near Grove Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Close |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Richard Hicks Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wright Drive |