£166,063
This estimated value is based upon the latest sale price for the house of £155,000 on 1 Dec 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £155,000 | 1 Dec 2021 |
| £27,500 | 7 Apr 2000 |
| £16,000 | 24 Mar 1999 |
| £23,000 | 1 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 December 2021 the House Price Index for NORFOLK was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £155,000 results in an estimated price of approximately £166,063.
| 1 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £155,000 | £11,063 | £166,063 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | -8.707 % | £-13,495 | £141,504 |
| 3 Month Average | -2.985 % | £-4,626 | £150,373 |
| 6 Month Average | 4.556 % | £7,062 | £162,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £193,384 | £190,000 | 11 LADY JANE GREY ROAD |
| 8 Dec 2023 | £183,205 | £180,000 | 27 GREENLAND AVENUE |
| 8 Dec 2023 | £188,295 | £185,000 | 8 LADY JANE GREY ROAD |
| 13 Jun 2023 | £151,839 | £150,000 | 15 MARINERS WAY |
| 5 Jun 2023 | £187,268 | £185,000 | 57 RIVERSWAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 May 2021. Using an estimated price of £166,063 means this house is valued at £2,185 per sq meter (£202 per sq foot).
The average size of a house on KINGSWAY is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Kingsway |
| Mar 2024 | Possession of weapons | Under investigation | On or near Greenland Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenland Avenue |
| Feb 2024 | Anti-social behaviour | On or near Greenland Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Greenland Avenue |