£280,363
This estimated value is based upon the latest sale price for the house of £225,000 on 22 Aug 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 22 Aug 2018 |
| £49,500 | 11 Jun 1997 |
| £41,000 | 28 Apr 1995 |
| Detached |
| Freehold |
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 2018 the House Price Index for NORFOLK was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £225,000 results in an estimated price of approximately £280,363.
| 22 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £225,000 | £55,363 | £280,363 |
The Postcode Pricing Model uses changes in average sales price within the PE14 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 | 96.350 % | £216,787 | £441,787 |
| 3 Month Average | 54.244 % | £122,049 | £347,049 |
| 6 Month Average | 45.052 % | £101,366 | £326,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2023 | £279,671 | £275,000 | ORCHARD VIEW HUNGATE ROAD |
| 6 Jan 2023 | £310,831 | £310,000 | 24 ST EDMUNDS DRIVE |
| 7 Sep 2022 | £199,866 | £200,000 | 25A HUNGATE ROAD |
| 29 Jul 2022 | £348,492 | £345,000 | 25B HUNGATE ROAD |
| 20 Jun 2022 | £393,410 | £385,000 | 11A THE LOVELLS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hungate Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Lovells |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area |