£272,207
This estimated value is based upon the latest sale price for the house of £270,000 on 5 Jun 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £270,000 | 5 Jun 2023 |
| 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 June 2023 the House Price Index for NORFOLK was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £270,000 results in an estimated price of approximately £272,207.
| 5 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £270,000 | £2,207 | £272,207 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 11.267 % | £30,419 | £300,419 |
| 3 Month Average | 15.503 % | £41,858 | £311,858 |
| 6 Month Average | 7.181 % | £19,389 | £289,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £471,593 | £470,000 | 1 CROMWELL ROAD |
| 5 Jun 2023 | £272,207 | £270,000 | 43 CROMWELL ROAD |
| 22 Mar 2023 | £276,495 | £275,000 | 7 CROMWELL ROAD |
| 13 Mar 2023 | £178,465 | £177,500 | 18 HEREWARD WAY |
| 20 Feb 2023 | £213,988 | £215,000 | 3 MARSTON COTTAGES CROMWELL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fairfax Drive |
| Jan 2024 | Drugs | Offender given a caution | On or near Montagu Drive |
| Apr 2024 | Other crime | Under investigation | On or near Oliver Court |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Oliver Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Court |