£226,245
This estimated value is based upon the latest sale price for the house of £181,000 on 5 Jan 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £181,000 | 5 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 670 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 January 2018 the House Price Index for NORFOLK was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £181,000 results in an estimated price of approximately £226,245.
| 5 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.0 | 24.997 % | £181,000 | £45,245 | £226,245 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 12.561 % | £22,736 | £203,736 |
| 3 Month Average | 31.615 % | £57,223 | £238,223 |
| 6 Month Average | 15.650 % | £28,326 | £209,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £212,011 | £208,000 | 12 GARGLE HILL |
| 31 Aug 2023 | £176,071 | £175,000 | 67 ELIZABETH AVENUE |
| 18 Aug 2023 | £196,193 | £195,000 | 37 ELIZABETH AVENUE |
| 11 Aug 2023 | £221,346 | £220,000 | 53 ELIZABETH AVENUE |
| 9 Jun 2023 | £510,640 | £506,500 | 22 HILLSIDE CLOSE |
This house has a floor area of 62 sq meters or 670 sq feet when measured on 6 Aug 2009. Using an estimated price of £226,245 means this house is valued at £3,634 per sq meter (£337 per sq foot).
The average size of a house on ELIZABETH AVENUE is 73 sq meters (794 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ring Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Avenue |
| Jan 2024 | Anti-social behaviour | On or near Gargle Hill | |
| Jan 2024 | Anti-social behaviour | On or near Gargle Hill | |
| Jan 2024 | Anti-social behaviour | On or near Gargle Hill |