£203,200
This estimated value is based upon the latest sale price for the house of £160,000 on 2 Nov 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£160,000 | 2 Nov 2017 |
£112,000 | 21 Aug 2008 |
£42,000 | 6 Nov 1998 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 November 2017 the House Price Index for NORFOLK was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £160,000 results in an estimated price of approximately £203,200.
2 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £160,000 | £43,200 | £203,200 |
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 | 19.445 % | £31,111 | £191,111 |
3 Month Average | 15.754 % | £25,206 | £185,206 |
6 Month Average | 24.830 % | £39,728 | £199,728 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £343,725 | £335,000 | 41 SPENCER STREET |
17 Oct 2023 | £224,090 | £219,000 | 121 MARLBOROUGH ROAD |
30 Jun 2023 | £236,744 | £232,000 | 6 KNOWSLEY ROAD |
20 Mar 2023 | £219,668 | £216,000 | 7 SPENCER STREET |
10 Feb 2023 | £196,311 | £195,000 | 134 BEACONSFIELD ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 29 Aug 2017. Using an estimated price of £203,200 means this house is valued at £3,032 per sq meter (£281 per sq foot).
The average size of a house on SPENCER STREET is 74 sq meters (798 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Under investigation | On or near Beaconsfield Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beaconsfield Road |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marlborough Road |
Aug 2024 | Other crime | Under investigation | On or near Marlborough Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knowsley Road |