£76,520
This estimated value is based upon the latest sale price for the house of £45,000 on 11 Feb 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £45,000 | 11 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2013 the House Price Index for NORFOLK was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £45,000 results in an estimated price of approximately £76,520.
| 11 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £45,000 | £31,520 | £76,520 |
The Postcode Pricing Model uses changes in average sales price within the NR31 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 | 73.465 % | £33,059 | £78,059 |
| 3 Month Average | 48.233 % | £21,704 | £66,704 |
| 6 Month Average | 49.441 % | £22,248 | £67,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £136,000 | £136,000 | 25 EMPRESS ROAD |
| 10 Nov 2023 | £129,282 | £126,000 | 98 GRANVILLE ROAD |
| 27 Oct 2023 | £130,975 | £128,000 | 86 GRANVILLE ROAD |
| 30 Jun 2023 | £170,415 | £167,000 | 23 GRANVILLE ROAD |
| 21 Jun 2023 | £119,393 | £117,000 | 2 GRANVILLE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 20 Oct 2015. Using an estimated price of £76,520 means this house is valued at £1,034 per sq meter (£96 per sq foot).
The average size of a house on EMPRESS ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Empress Road | |
| Sep 2024 | Anti-social behaviour | On or near Empress Road | |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Empress Road |
| Jul 2024 | Criminal damage and arson | Local resolution | On or near Empress Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Austin Road |