£393,391
This estimated value is based upon the latest sale price for the house of £230,000 on 5 Oct 2012. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 5 Oct 2012 |
| £100,792 | 11 Sep 2008 |
| Terraced |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 October 2012 the House Price Index for NORFOLK was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £230,000 results in an estimated price of approximately £393,391.
| 5 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £230,000 | £163,391 | £393,391 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 51.689 % | £118,884 | £348,884 |
| 3 Month Average | 65.662 % | £151,023 | £381,023 |
| 6 Month Average | 62.591 % | £143,960 | £373,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £140,000 | £140,000 | 17 ST GILES LANE |
| 12 Apr 2024 | £262,278 | £260,000 | 6 EARLS STREET |
| 19 Dec 2023 | £183,643 | £178,000 | 17 EARLS STREET |
| 10 Nov 2023 | £164,167 | £160,000 | 21 EARLS STREET |
| 19 Oct 2023 | £102,324 | £100,000 | 15 EARLS STREET |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 19 Jul 2012. Using an estimated price of £393,391 means this house is valued at £2,790 per sq meter (£259 per sq foot).
The average size of a house on EARLS STREET is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Earls' Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Giles' Lane |