£151,179
This estimated value is based upon the latest sale price for the house of £105,000 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £105,000 | 28 Aug 2015 |
| £80,000 | 12 Mar 2012 |
| £82,500 | 20 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 920 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 2015 the House Price Index for NORFOLK was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £105,000 results in an estimated price of approximately £151,179.
| 28 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £105,000 | £46,179 | £151,179 |
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 | 18.010 % | £18,910 | £123,910 |
| 3 Month Average | 44.493 % | £46,718 | £151,718 |
| 6 Month Average | 41.297 % | £43,361 | £148,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £165,072 | £160,000 | 74 GUILDFORD WAY |
| 3 Nov 2023 | £164,167 | £160,000 | 27 ELY WAY |
| 1 Sep 2023 | £125,261 | £122,500 | 38 GLOUCESTER WAY |
| 13 Jun 2023 | £1,103,521 | £1,081,406 | CALEDONIA HOUSE, 28A EDINBURGH WAY |
| 30 Sep 2022 | £164,890 | £165,000 | 42 ELY WAY |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 25 Nov 2011. Using an estimated price of £151,180 means this house is valued at £1,767 per sq meter (£164 per sq foot).
The average size of a house on GLOUCESTER WAY is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Way |
| Oct 2024 | Anti-social behaviour | On or near Gloucester Way | |
| Oct 2024 | Drugs | Offender given a caution | On or near Gloucester Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gloucester Way |