£251,023
This estimated value is based upon the latest sale price for the house of £154,500 on 11 Nov 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £154,500 | 11 Nov 2013 |
| £134,000 | 4 May 2006 |
| £111,000 | 19 Dec 2003 |
| £43,000 | 14 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 663 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 2013 the House Price Index for NORFOLK was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £154,500 results in an estimated price of approximately £251,023.
| 11 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £154,500 | £96,523 | £251,023 |
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 | 68.658 % | £106,076 | £260,576 |
| 3 Month Average | 50.028 % | £77,293 | £231,793 |
| 6 Month Average | 49.482 % | £76,449 | £230,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £259,541 | £255,000 | 8 OVAL ROAD |
| 9 Nov 2023 | £284,208 | £280,000 | 9 OVAL ROAD |
| 8 Apr 2022 | £226,556 | £220,000 | 112 NORWICH ROAD |
| 28 Feb 2022 | £179,379 | £171,050 | 1 OVAL AVENUE |
| 28 Jan 2022 | £342,033 | £325,000 | 1 SANTOLINA CLOSE |
This house has a floor area of 61 sq meters or 663 sq feet when measured on 9 Nov 2011. Using an estimated price of £251,024 means this house is valued at £4,071 per sq meter (£378 per sq foot).
The average size of a house on OVAL ROAD is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Santolina Close | |
| Mar 2024 | Anti-social behaviour | On or near Santolina Close | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Oval Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oval Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oval Avenue |