£184,661
This estimated value is based upon the latest sale price for the house of £178,000 on 6 Apr 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Maurice Raes Close
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| Price Paid | Date |
|---|---|
| £178,000 | 6 Apr 2022 |
| £108,000 | 10 Mar 2005 |
| £59,995 | 5 Apr 2001 |
| £39,995 | 6 Jun 1997 |
| 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 April 2022 the House Price Index for NORFOLK was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £178,000 results in an estimated price of approximately £184,661.
| 6 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £178,000 | £6,661 | £184,661 |
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 | -5.927 % | £-10,550 | £167,449 |
| 3 Month Average | -6.456 % | £-11,492 | £166,507 |
| 6 Month Average | -1.780 % | £-3,167 | £174,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £120,451 | £116,750 | 23 THE ERINS |
| 5 Dec 2023 | £154,755 | £150,000 | 126A SPROWSTON ROAD |
| 27 Nov 2023 | £136,464 | £133,000 | 24 THE ERINS |
| 3 Apr 2023 | £331,195 | £325,000 | 52 MASSINGHAM ROAD |
| 24 Mar 2023 | £127,123 | £125,000 | 14 THE ERINS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 21 Mar 2014. Using an estimated price of £184,661 means this house is valued at £2,756 per sq meter (£256 per sq foot).
The average size of a house on DENMARK ROAD is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Maurice Raes Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maurice Raes Close |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |