£262,277
This estimated value is based upon the latest sale price for the house of £260,000 on 16 Dec 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £260,000 | 16 Dec 2022 |
| £52,500 | 2 May 1997 |
| 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 December 2022 the House Price Index for NORFOLK was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £260,000 results in an estimated price of approximately £262,277.
| 16 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £260,000 | £2,277 | £262,277 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 3.897 % | £10,132 | £270,132 |
| 3 Month Average | 24.911 % | £64,768 | £324,768 |
| 6 Month Average | 2.641 % | £6,866 | £266,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £226,974 | £220,000 | 22 WOOD VIEW COURT |
| 27 Nov 2023 | £303,709 | £296,000 | 45 HILL ROAD |
| 25 Sep 2023 | £206,553 | £202,000 | 1 HILL CREST |
| 1 Aug 2023 | £283,106 | £278,000 | 42 HILL ROAD |
| 26 Jun 2023 | £505,123 | £495,000 | 68 GURNEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Wood View Court |
| Oct 2024 | Other theft | Under investigation | On or near George Low Close |
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near George Low Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashtree Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Grove Avenue |