£355,964
This estimated value is based upon the latest sale price for the house of £134,000 on 4 Oct 2002. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£134,000 | 4 Oct 2002 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 October 2002 the House Price Index for NORFOLK was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £134,000 results in an estimated price of approximately £355,964.
4 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 149.7 | 165.645 % | £134,000 | £221,964 | £355,964 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | 126.994 % | £170,172 | £304,172 |
3 Month Average | 133.768 % | £179,249 | £313,249 |
6 Month Average | 133.346 % | £178,683 | £312,683 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jan 2023 | £340,911 | £340,000 | 23 BUXTON ROAD |
4 Jul 2022 | £282,834 | £280,000 | 7 BUXTON ROAD |
13 May 2022 | £250,953 | £244,415 | 24 ALMA TERRACE |
12 May 2022 | £261,821 | £255,000 | 7 PATTESON ROAD |
29 Apr 2022 | £389,033 | £375,000 | 38 BUXTON ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 12 Feb 2020. Using an estimated price of £355,964 means this house is valued at £3,206 per sq meter (£297 per sq foot).
The average size of a house on BUXTON ROAD is 110 sq meters (1,190 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buxton Road |
Aug 2024 | Burglary | Unable to prosecute suspect | On or near Alma Terrace |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Patteson Road |
Oct 2024 | Drugs | Local resolution | On or near Patteson Road |
Oct 2024 | Vehicle crime | Under investigation | On or near Patteson Road |