£572,242
This estimated value is based upon the latest sale price for the house of £460,000 on 6 Sep 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £460,000 | 6 Sep 2018 |
| £310,000 | 12 Jul 2013 |
| £205,000 | 4 Nov 2011 |
| £207,500 | 23 Aug 2011 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 September 2018 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £460,000 results in an estimated price of approximately £572,242.
| 6 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £460,000 | £112,242 | £572,242 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 12.668 % | £58,271 | £518,271 |
| 3 Month Average | 12.817 % | £58,959 | £518,959 |
| 6 Month Average | 13.187 % | £60,659 | £520,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jul 2024 | £203,000 | £203,000 | 113 LINCOLN STREET |
| 27 Jun 2024 | £210,000 | £210,000 | 101 LINCOLN STREET |
| 12 Mar 2024 | £225,464 | £222,000 | 107 LINCOLN STREET |
| 16 Nov 2023 | £415,548 | £405,000 | 19 WHITEHALL ROAD |
| 16 Jun 2023 | £283,175 | £277,500 | 128 LINCOLN STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 24 Apr 2013. Using an estimated price of £572,243 means this house is valued at £5,899 per sq meter (£548 per sq foot).
The average size of a house on PORTERSFIELD ROAD is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Whitehall Road |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Whitehall Road |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near College Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near College Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portersfield Road |