£297,303
This estimated value is based upon the latest sale price for the house of £230,000 on 7 Apr 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 7 Apr 2017 |
| £135,000 | 13 May 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 628 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 April 2017 the House Price Index for NORFOLK was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £230,000 results in an estimated price of approximately £297,303.
| 7 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £230,000 | £67,303 | £297,303 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 61.524 % | £141,504 | £371,504 |
| 3 Month Average | 40.895 % | £94,057 | £324,057 |
| 6 Month Average | 15.906 % | £36,582 | £266,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £272,000 | £272,000 | 8 NEVILLE CLOSE |
| 23 Aug 2023 | £247,162 | £245,000 | NEVILLE HOUSE NEVILLE CLOSE |
| 21 Jun 2023 | £303,678 | £300,000 | 8 TERENCE AVENUE |
| 9 Jun 2023 | £232,820 | £230,000 | 1 JUBILEE ROAD |
| 14 Apr 2023 | £379,082 | £375,000 | 10 ALLENS LANE |
This house has a floor area of 58 sq meters or 628 sq feet when measured on 8 Feb 2010. Using an estimated price of £297,303 means this house is valued at £5,094 per sq meter (£473 per sq foot).
The average size of a house on JUBILEE ROAD is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Neville Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Neville Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Albion Drive |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Dovedales |