£623,766
This estimated value is based upon the latest sale price for the house of £465,000 on 13 Jul 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £465,000 | 13 Jul 2016 |
| Detached |
| 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 2016 the House Price Index for NORFOLK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £465,000 results in an estimated price of approximately £623,766.
| 13 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £465,000 | £158,766 | £623,766 |
The Postcode Pricing Model uses changes in average sales price within the NR13 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 | 64.462 % | £299,748 | £764,748 |
| 3 Month Average | 34.261 % | £159,315 | £624,315 |
| 6 Month Average | 38.236 % | £177,795 | £642,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £312,606 | £303,000 | 1 CARGATE LANE |
| 3 Mar 2023 | £249,161 | £245,000 | 7 ST MARGARETS CLOSE |
| 2 Sep 2022 | £279,813 | £280,000 | 11 SOUTHEND |
| 25 Apr 2022 | £207,484 | £200,000 | 41 PRINCE OF WALES ROAD |
| 25 Mar 2022 | £404,524 | £387,500 | 32 CARGATE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Chapel Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Margaret'S Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Margaret'S Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Horses Head |