£339,755
This estimated value is based upon the latest sale price for the house of £327,500 on 22 Apr 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £327,500 | 22 Apr 2022 |
| £168,000 | 15 Oct 2010 |
| £177,090 | 15 Jul 2005 |
| Detached |
| Freehold |
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 £327,500 results in an estimated price of approximately £339,755.
| 22 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £327,500 | £12,255 | £339,755 |
The Postcode Pricing Model uses changes in average sales price within the IP21 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 | -8.696 % | £-28,478 | £299,021 |
| 3 Month Average | 32.102 % | £105,133 | £432,633 |
| 6 Month Average | -7.865 % | £-25,758 | £301,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £219,237 | £212,500 | COTTAGE, 2 THE STREET |
| 8 Sep 2023 | £306,762 | £300,000 | 38 MILLERS DRIVE |
| 1 Sep 2023 | £280,176 | £274,000 | 6 MILLERS DRIVE |
| 4 Aug 2023 | £437,898 | £430,000 | THE OLD BAKERY THE STREET |
| 19 Jun 2023 | £5,102 | £5,000 | PLOT A26 COMMON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Cornfields |
| May 2024 | Anti-social behaviour | On or near Cornfields | |
| May 2024 | Anti-social behaviour | On or near Cornfields | |
| May 2024 | Anti-social behaviour | On or near Cornfields | |
| May 2024 | Anti-social behaviour | On or near Millers Drive |