£179,702
This estimated value is based upon the latest sale price for the house of £138,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £138,000 | 28 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 April 2017 the House Price Index for NORFOLK was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £138,000 results in an estimated price of approximately £179,702.
| 28 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £138,000 | £41,702 | £179,702 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 73.765 % | £101,796 | £239,796 |
| 3 Month Average | 19.828 % | £27,362 | £165,362 |
| 6 Month Average | 15.726 % | £21,701 | £159,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £159,914 | £155,000 | 57 HELLESDON CLOSE |
| 15 Dec 2023 | £208,404 | £202,000 | 133 JEX ROAD |
| 1 Dec 2023 | £201,182 | £195,000 | 188 JEX ROAD |
| 22 Sep 2023 | £204,508 | £200,000 | 178 JEX ROAD |
| 21 Apr 2023 | £168,145 | £165,000 | 39 HELLESDON CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Apr 2017. Using an estimated price of £179,703 means this house is valued at £2,303 per sq meter (£214 per sq foot).
The average size of a house on JEX ROAD is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Jex Lane | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Jex Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Jex Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jex Lane |
| Jun 2024 | Drugs | Local resolution | On or near Jex Lane |