£462,835
This estimated value is based upon the latest sale price for the house of £465,000 on 11 Nov 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£465,000 | 11 Nov 2022 |
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 November 2022 the House Price Index for NORFOLK was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £465,000 results in an estimated price of approximately £462,835.
11 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 149.7 | -0.465 % | £465,000 | £-2,164 | £462,835 |
The Postcode Pricing Model uses changes in average sales price within the IP25 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 | 5.040 % | £23,437 | £488,437 |
3 Month Average | 6.622 % | £30,790 | £495,790 |
6 Month Average | -0.007 % | £-30 | £464,969 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £665,106 | £650,000 | THE VIEW NECTON ROAD |
27 Jan 2023 | £225,603 | £225,000 | 2 ST ANDREWS CLOSE |
11 Nov 2022 | £462,836 | £465,000 | 5 LOWER ROAD |
22 Jul 2022 | £242,429 | £240,000 | 24 ST ANDREWS CLOSE |
13 May 2022 | £349,095 | £340,000 | MONA COTTAGE CHAPEL ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Cook Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near School Road |
Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near School Road |
Jun 2024 | Other crime | Further investigation is not in the public interest | On or near School Road |
Jun 2024 | Other crime | Further investigation is not in the public interest | On or near School Road |