£317,722
This estimated value is based upon the latest sale price for the house of £260,000 on 6 Sep 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £260,000 | 6 Sep 2019 |
| £215,000 | 17 Dec 2015 |
| £222,500 | 12 Nov 2007 |
| £149,000 | 19 Dec 2001 |
| £67,500 | 10 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 September 2019 the House Price Index for NORFOLK was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £260,000 results in an estimated price of approximately £317,722.
| 6 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £260,000 | £57,722 | £317,722 |
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 | -21.520 % | £-55,952 | £204,047 |
| 3 Month Average | 21.482 % | £55,853 | £315,853 |
| 6 Month Average | 17.126 % | £44,527 | £304,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £314,031 | £310,000 | 8 PARK ROAD |
| 22 Nov 2023 | £288,706 | £285,000 | 69 THEATRE STREET |
| 31 Mar 2023 | £77,418 | £77,000 | 16 OLDFIELD COURT |
| 2 Aug 2022 | £176,805 | £178,000 | 43 KINGS ROAD |
| 6 Jun 2022 | £263,672 | £261,000 | 38 THEATRE STREET |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 21 Apr 2015. Using an estimated price of £317,723 means this house is valued at £2,336 per sq meter (£217 per sq foot).
The average size of a house on PARK ROAD is 136 sq meters (1,470 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Theatre Street |
| Mar 2024 | Anti-social behaviour | On or near Theatre Street | |
| Mar 2024 | Anti-social behaviour | On or near Theatre Street | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Theatre Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Theatre Street |