£505,533
This estimated value is based upon the latest sale price for the house of £415,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £415,000 | 31 Jul 2020 |
| £415,000 | 27 Mar 2017 |
| £231,500 | 7 Jul 2006 |
| £232,000 | 27 Aug 2004 |
| £125,000 | 2 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,230 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 July 2020 the House Price Index for NORFOLK was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £415,000 results in an estimated price of approximately £505,533.
| 31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £415,000 | £90,533 | £505,533 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 109.302 % | £453,604 | £868,604 |
| 3 Month Average | 4.017 % | £16,669 | £431,669 |
| 6 Month Average | 6.994 % | £29,026 | £444,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £270,419 | £265,000 | 252 DEREHAM ROAD |
| 24 Feb 2023 | £350,340 | £348,000 | 42 STAFFORD AVENUE |
| 20 Jan 2023 | £290,777 | £290,000 | 284 DEREHAM ROAD |
| 14 Mar 2022 | £226,533 | £217,000 | 15 WHITE GATES |
| 21 Feb 2022 | £293,695 | £278,000 | 288 DEREHAM ROAD |
This house has a floor area of 114 sq meters or 1,230 sq feet when measured on 26 Jul 2011. Using an estimated price of £505,534 means this house is valued at £4,420 per sq meter (£410 per sq foot).
The average size of a house on STAFFORD AVENUE is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Stafford Avenue | |
| May 2024 | Anti-social behaviour | On or near Stafford Avenue | |
| May 2024 | Anti-social behaviour | On or near Stafford Avenue | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Stafford Avenue |
| May 2024 | Violence and sexual offences | Local resolution | On or near Upper Stafford Avenue |