£196,569
This estimated value is based upon the latest sale price for the house of £118,000 on 23 Aug 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£118,000 | 23 Aug 2013 |
£118,000 | 23 Aug 2013 |
£111,000 | 10 Oct 2008 |
£111,000 | 10 Oct 2008 |
£114,950 | 20 Jun 2006 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 August 2013 the House Price Index for NORFOLK was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £118,000 results in an estimated price of approximately £196,569.
23 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 149.7 | 66.584 % | £118,000 | £78,569 | £196,569 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | 47.833 % | £56,442 | £174,442 |
3 Month Average | 45.815 % | £54,061 | £172,061 |
6 Month Average | 53.346 % | £62,947 | £180,947 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2023 | £214,003 | £210,000 | 42 SPENCER ROAD |
3 Feb 2023 | £234,064 | £232,500 | 38 OULTON ROAD |
7 Sep 2022 | £197,868 | £198,000 | 1 OULTON ROAD |
5 Sep 2022 | £209,860 | £210,000 | 25 OULTON ROAD |
1 Aug 2022 | £226,057 | £225,000 | 50 SPENCER ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 15 Apr 2013. Using an estimated price of £196,569 means this house is valued at £3,024 per sq meter (£280 per sq foot).
The average size of a house on OULTON ROAD is 83 sq meters (903 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oulton Road |
Aug 2024 | Anti-social behaviour | On or near Oulton Road | |
Aug 2024 | Anti-social behaviour | On or near Oulton Road | |
Aug 2024 | Anti-social behaviour | On or near Oulton Road | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunderland Close |