£397,088
This estimated value is based upon the latest sale price for the house of £325,000 on 17 Dec 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £325,000 | 17 Dec 2019 |
| £242,500 | 12 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2019 the House Price Index for NORFOLK was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £325,000 results in an estimated price of approximately £397,088.
| 17 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £325,000 | £72,088 | £397,088 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 26.422 % | £85,870 | £410,870 |
| 3 Month Average | 13.384 % | £43,496 | £368,496 |
| 6 Month Average | 5.736 % | £18,640 | £343,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £361,957 | £360,000 | 52 SNOWDROP GROVE |
| 4 Nov 2022 | £265,691 | £270,000 | 4 REGENT ROAD |
| 21 Oct 2022 | £384,288 | £390,000 | 13 BUTTERCUP DRIVE |
| 30 Aug 2022 | £263,221 | £265,000 | 1 FINSBURY CLOSE |
| 27 May 2022 | £342,897 | £337,800 | 8 BUTTERCUP DRIVE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 18 Sep 2015. Using an estimated price of £397,089 means this house is valued at £3,365 per sq meter (£312 per sq foot).
The average size of a house on SNOWDROP GROVE is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hamilton Way |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Southfields |
| Feb 2024 | Anti-social behaviour | On or near Southfields | |
| Feb 2024 | Anti-social behaviour | On or near Southfields | |
| Feb 2024 | Anti-social behaviour | On or near Southfields |