£280,896
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Jul 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There have been two burglaries within the last year on or near Hornbeam Close
More crime details
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Price Paid | Date |
---|---|
£225,000 | 20 Jul 2018 |
£165,000 | 21 May 2014 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2018 the House Price Index for NORFOLK was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £225,000 results in an estimated price of approximately £280,896.
20 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £225,000 | £55,896 | £280,896 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | -10.822 % | £-24,350 | £200,649 |
3 Month Average | 7.851 % | £17,664 | £242,664 |
6 Month Average | 9.492 % | £21,356 | £246,356 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £250,000 | £250,000 | 37 HORNBEAM CLOSE |
27 Nov 2023 | £261,642 | £255,000 | 48 LARCH CLOSE |
22 Nov 2023 | £271,902 | £265,000 | 63 CERE ROAD |
13 Nov 2023 | £292,423 | £285,000 | 102 CERE ROAD |
9 Nov 2023 | £294,988 | £287,500 | 2 YEW COURT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 29 Jul 2013. Using an estimated price of £280,896 means this house is valued at £3,020 per sq meter (£280 per sq foot).
The average size of a house on HORNBEAM CLOSE is 83 sq meters (898 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Unable to prosecute suspect | On or near Hornbeam Close |
May 2024 | Criminal damage and arson | Under investigation | On or near Hornbeam Close |
May 2024 | Burglary | Under investigation | On or near Hornbeam Close |
Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Inman Road |
Jun 2024 | Anti-social behaviour | On or near Warbler Close |