£226,605
This estimated value is based upon the latest sale price for the house of £226,000 on 11 Jan 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £226,000 | 11 Jan 2023 |
| £167,000 | 11 Oct 2019 |
| £140,000 | 27 Mar 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2023 the House Price Index for NORFOLK was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £226,000 results in an estimated price of approximately £226,605.
| 11 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £226,000 | £605 | £226,605 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | -38.231 % | £-86,403 | £139,596 |
| 3 Month Average | -9.174 % | £-20,732 | £205,267 |
| 6 Month Average | -10.040 % | £-22,690 | £203,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £294,525 | £290,000 | 5 ABBEYGATE |
| 24 Nov 2023 | £312,944 | £305,000 | 24 ABBEYGATE |
| 2 Aug 2023 | £320,786 | £315,000 | 84 ST NICHOLAS STREET |
| 29 Jun 2023 | £176,028 | £172,500 | 41 STATION ROAD |
| 3 Mar 2023 | £141,106 | £138,750 | 15 AVENUE GARDENS |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 11 Jul 2019. Using an estimated price of £226,605 means this house is valued at £3,147 per sq meter (£292 per sq foot).
The average size of a house on ABBEY MEWS is 121 sq meters (1,311 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Miller'S Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Nicholas Street |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near St Nicholas Street |