£302,831
This estimated value is based upon the latest sale price for the house of £245,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £245,000 | 27 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £245,000 results in an estimated price of approximately £302,831.
| 27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £245,000 | £57,831 | £302,831 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 63.442 % | £155,432 | £400,432 |
| 3 Month Average | 14.681 % | £35,968 | £280,968 |
| 6 Month Average | 9.193 % | £22,522 | £267,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £315,000 | £315,000 | 62 OVAL ROAD |
| 6 Oct 2023 | £235,345 | £230,000 | 49 OVAL ROAD |
| 7 Sep 2023 | £156,449 | £153,000 | 87 WOODHILL RISE |
| 31 Jan 2023 | £280,750 | £280,000 | 42 WOODHILL RISE |
| 24 Aug 2022 | £210,987 | £210,000 | 120 KNOWLAND GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 24 Jul 2019. Using an estimated price of £302,831 means this house is valued at £3,833 per sq meter (£356 per sq foot).
The average size of a house on WOODHILL RISE is 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Under investigation | On or near Woodhill Rise |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oval Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oval Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oval Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oval Avenue |