£483,821
This estimated value is based upon the latest sale price for the house of £425,000 on 21 May 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £425,000 | 21 May 2021 |
| £190,000 | 13 Oct 2000 |
| £142,610 | 23 Oct 1998 |
| 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 May 2021 the House Price Index for NORFOLK was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £425,000 results in an estimated price of approximately £483,821.
| 21 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £425,000 | £58,821 | £483,821 |
The Postcode Pricing Model uses changes in average sales price within the NR14 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 | -48.658 % | £-206,797 | £218,202 |
| 3 Month Average | -40.933 % | £-173,963 | £251,036 |
| 6 Month Average | -8.507 % | £-36,155 | £388,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £600,451 | £582,000 | 81 NORWICH ROAD |
| 22 Aug 2023 | £356,683 | £350,250 | 83 NORWICH ROAD |
| 27 Feb 2023 | £593,968 | £590,000 | 36 NORWICH ROAD |
| 11 Jan 2023 | £159,426 | £159,000 | 12 BANCROFT CLOSE |
| 7 Oct 2022 | £318,935 | £320,000 | 5 GRAVEL HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bancroft Close |
| Oct 2024 | Other crime | Under investigation | On or near Morris Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Webster Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Caudwell Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Road |