£282,615
This estimated value is based upon the latest sale price for the house of £243,770 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £243,770 | 6 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2020 the House Price Index for NORFOLK was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £243,770 results in an estimated price of approximately £282,615.
| 6 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £243,770 | £38,845 | £282,615 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 8.805 % | £21,463 | £265,233 |
| 3 Month Average | -5.835 % | £-14,224 | £229,545 |
| 6 Month Average | -2.218 % | £-5,407 | £238,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £242,118 | £240,000 | 6 RICHENDA CLOSE |
| 9 Jun 2023 | £273,311 | £270,000 | 6 HEMLIN CLOSE |
| 24 Apr 2023 | £298,211 | £295,000 | 77 FRIENDS ROAD |
| 17 Feb 2023 | £294,802 | £295,000 | 89 FRIENDS ROAD |
| 11 Jan 2023 | £253,804 | £255,000 | 11 RICHENDA CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 13 Sep 2013. Using an estimated price of £282,616 means this house is valued at £3,071 per sq meter (£285 per sq foot).
The average size of a house on FRIENDS ROAD is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Truman Close |
| Mar 2024 | Anti-social behaviour | On or near Truman Close | |
| Mar 2024 | Anti-social behaviour | On or near Truman Close | |
| Apr 2024 | Drugs | Under investigation | On or near Hanbury Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hanbury Close |