£201,595
This estimated value is based upon the latest sale price for the house of £73,500 on 28 Aug 2002. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £73,500 | 28 Aug 2002 |
| £35,000 | 11 Dec 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2002 the House Price Index for NORFOLK was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £73,500 results in an estimated price of approximately £201,595.
| 28 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £73,500 | £128,095 | £201,595 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | 85.046 % | £62,508 | £136,008 |
| 3 Month Average | 64.736 % | £47,581 | £121,081 |
| 6 Month Average | 89.554 % | £65,821 | £139,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £137,029 | £135,000 | 19 PARADISE PLACE |
| 24 Aug 2023 | £186,633 | £185,000 | FLAT 19 MORGAN HOUSE ROUEN ROAD |
| 13 Jul 2022 | £190,513 | £190,000 | FLAT 52 MORGAN HOUSE ROUEN ROAD |
| 4 Jul 2022 | £196,529 | £196,000 | FLAT 33 MORGAN HOUSE ROUEN ROAD |
| 29 Apr 2022 | £190,513 | £185,000 | FLAT 42 MORGAN HOUSE ROUEN ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 2 Jul 2019. Using an estimated price of £201,596 means this house is valued at £3,665 per sq meter (£340 per sq foot).
The average size of a house on PARADISE PLACE is 60 sq meters (646 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Thorn Lane | |
| Feb 2024 | Anti-social behaviour | On or near Thorn Lane | |
| Feb 2024 | Anti-social behaviour | On or near Thorn Lane | |
| Jan 2024 | Public order | Under investigation | On or near Thorn Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bus/Coach Station |