£295,811
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 14 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 February 2020 the House Price Index for NORFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £240,000 results in an estimated price of approximately £295,811.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £240,000 | £55,811 | £295,811 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | 3.418 % | £8,203 | £248,203 |
| 3 Month Average | 29.868 % | £71,683 | £311,683 |
| 6 Month Average | 11.032 % | £26,476 | £266,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £110,964 | £110,000 | 3 BLUEBELL CLOSE |
| 19 Dec 2023 | £211,499 | £205,000 | 21 ELIZABETH CLOSE |
| 29 Sep 2023 | £286,311 | £280,000 | 1 SHORT ROAD |
| 31 Mar 2023 | £300,010 | £295,000 | 14 BLUEBELL CLOSE |
| 10 Feb 2023 | £201,345 | £200,000 | 4 ELIZABETH CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 3 Dec 2019. Using an estimated price of £295,811 means this house is valued at £3,113 per sq meter (£289 per sq foot).
The average size of a house on CYPRUS ROAD is 121 sq meters (1,307 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Elizabeth Close | |
| Jul 2024 | Anti-social behaviour | On or near Elizabeth Close | |
| Jul 2024 | Anti-social behaviour | On or near Elizabeth Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Road |