£205,327
This estimated value is based upon the latest sale price for the house of £165,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £165,000 | 15 Feb 2019 |
| £140,000 | 23 Mar 2007 |
| £118,500 | 31 Jan 2005 |
| £105,000 | 18 Feb 2004 |
| £94,950 | 6 Jun 2003 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 February 2019 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £165,000 results in an estimated price of approximately £205,327.
| 15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £165,000 | £40,327 | £205,327 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | 4.589 % | £7,571 | £172,571 |
| 3 Month Average | 14.002 % | £23,103 | £188,103 |
| 6 Month Average | 9.769 % | £16,119 | £181,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £378,340 | £370,000 | 6 VARRICK WAY |
| 7 Aug 2023 | £234,224 | £230,000 | 15 MORAR DRIVE |
| 5 Jan 2022 | £492,992 | £465,000 | THE NORWICH ROAD NURSERY NORWICH ROAD |
| 22 Dec 2021 | £201,831 | £187,000 | 6 CAWDOR CLOSE |
| 7 Dec 2021 | £356,172 | £330,000 | 26 LOMOND ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 25 Jul 2019. Using an estimated price of £205,328 means this house is valued at £3,602 per sq meter (£334 per sq foot).
The average size of a house on CAWDOR CLOSE is 76 sq meters (819 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cawdor Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Morar Drive |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Morar Drive |
| Aug 2024 | Anti-social behaviour | On or near Morar Drive | |
| Aug 2024 | Anti-social behaviour | On or near Morar Drive |