£99,531
This estimated value is based upon the latest sale price for the house of £100,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £100,000 | 27 Jan 2023 |
| £110,000 | 11 May 2007 |
| £19,500 | 24 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 January 2023 the House Price Index for NORFOLK was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £100,000 results in an estimated price of approximately £99,531.
| 27 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £100,000 | £-468 | £99,531 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | 1.943 % | £1,943 | £101,943 |
| 3 Month Average | -6.492 % | £-6,491 | £93,508 |
| 6 Month Average | -2.147 % | £-2,146 | £97,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £99,531 | £100,000 | 5 ALBION STREET |
| 27 Sep 2022 | £183,518 | £185,000 | 38 RAILWAY ROAD |
| 20 Sep 2022 | £153,758 | £155,000 | 59 RAILWAY ROAD |
| 10 Feb 2022 | £52,435 | £50,000 | FLAT 6 33 RAILWAY ROAD |
| 3 Feb 2022 | £129,514 | £123,500 | 5A ALBION STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 27 Jul 2021. Using an estimated price of £99,531 means this house is valued at £1,658 per sq meter (£154 per sq foot).
The average size of a house on ALBION STREET is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Action to be taken by another organisation | On or near Old Market Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Market Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Market Street |
| Jan 2024 | Bicycle theft | Offender given a caution | On or near Old Market Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Market Street |