£307,045
This estimated value is based upon the latest sale price for the house of £302,500 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £302,500 | 30 Nov 2023 |
| £194,000 | 26 Apr 2017 |
| Semi-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 November 2023 the House Price Index for NORFOLK was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £302,500 results in an estimated price of approximately £307,045.
| 30 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £302,500 | £4,545 | £307,045 |
The Postcode Pricing Model uses changes in average sales price within the NR31 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 | 1.617 % | £4,892 | £307,392 |
| 3 Month Average | -5.795 % | £-17,529 | £284,970 |
| 6 Month Average | -11.266 % | £-34,080 | £268,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £307,046 | £302,500 | 6 SPARROW CLOSE |
| 29 Sep 2023 | £233,992 | £231,000 | 28 SPARROW CLOSE |
| 5 Sep 2023 | £177,267 | £175,000 | 152 KINGFISHER CLOSE |
| 1 Sep 2023 | £283,626 | £280,000 | 48 LARK WAY |
| 25 Jul 2023 | £277,738 | £274,000 | 54 LARK WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Sparrow Close | |
| Mar 2024 | Anti-social behaviour | On or near Sparrow Close | |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Sparrow Close |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Sparrow Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martin Close |