£281,315
This estimated value is based upon the latest sale price for the house of £280,000 on 22 Aug 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£280,000 | 22 Aug 2022 |
£145,000 | 28 Apr 2011 |
£150,000 | 20 Jun 2005 |
Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 August 2022 the House Price Index for NORFOLK was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £280,000 results in an estimated price of approximately £281,315.
22 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 149.7 | 0.470 % | £280,000 | £1,315 | £281,315 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | -20.527 % | £-57,476 | £222,523 |
3 Month Average | -1.381 % | £-3,868 | £276,131 |
6 Month Average | -3.953 % | £-11,068 | £268,931 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 May 2024 | £285,000 | £285,000 | 24 WOODRUFF ROAD |
19 Oct 2023 | £142,230 | £139,000 | 48 ETHELREDA DRIVE |
19 Oct 2023 | £388,831 | £380,000 | 17 LAWRENCE ROAD |
9 Jun 2023 | £474,509 | £465,000 | 20 BENBOW ROAD |
3 Nov 2022 | £368,278 | £370,000 | 10 LAWRENCE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Oct 2010. Using an estimated price of £281,315 means this house is valued at £3,125 per sq meter (£290 per sq foot).
The average size of a house on ETHELREDA DRIVE is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peter Drive |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peter Drive |
Sep 2024 | Anti-social behaviour | On or near Supermarket | |
Aug 2024 | Anti-social behaviour | On or near Supermarket | |
Aug 2024 | Anti-social behaviour | On or near Supermarket |