£200,216
This estimated value is based upon the latest sale price for the house of £195,000 on 13 May 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £195,000 | 13 May 2022 |
| £51,000 | 26 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 May 2022 the House Price Index for NORFOLK was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £195,000 results in an estimated price of approximately £200,216.
| 13 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £195,000 | £5,216 | £200,216 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | -4.317 % | £-8,417 | £186,582 |
| 3 Month Average | 3.553 % | £6,927 | £201,927 |
| 6 Month Average | 3.360 % | £6,552 | £201,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £212,322 | £207,500 | 28 HILLMEAD |
| 6 Oct 2023 | £204,648 | £200,000 | 46 FOSTER ROAD |
| 2 Oct 2023 | £217,950 | £213,000 | 42 BRIGHTWELL ROAD |
| 8 Sep 2023 | £204,508 | £200,000 | 41 BRIGHTWELL ROAD |
| 12 Aug 2022 | £224,048 | £223,000 | 25 HARMER ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Nov 2014. Using an estimated price of £200,216 means this house is valued at £2,819 per sq meter (£261 per sq foot).
The average size of a house on BRIGHTWELL ROAD is 78 sq meters (842 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brightwell Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Brightwell Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Foster Road |
| Oct 2024 | Anti-social behaviour | On or near Blackthorn Close | |
| Oct 2024 | Anti-social behaviour | On or near Blackthorn Close |