£58,067
This estimated value is based upon the latest sale price for the house of £18,000 on 5 Nov 2001. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £18,000 | 5 Nov 2001 |
| Terraced |
| 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 2001 the House Price Index for NORFOLK was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £18,000 results in an estimated price of approximately £58,067.
| 5 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £18,000 | £40,067 | £58,067 |
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 | 194.064 % | £34,931 | £52,931 |
| 3 Month Average | 258.696 % | £46,565 | £64,565 |
| 6 Month Average | 243.158 % | £43,768 | £61,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £175,000 | £175,000 | 148 ST MARTINS WAY |
| 6 Jun 2024 | £170,000 | £170,000 | 3 SLOANE WAY |
| 10 May 2024 | £167,500 | £167,500 | 33 MINGAY ROAD |
| 24 Apr 2024 | £100,876 | £100,000 | 78 ST MARTINS WAY |
| 11 Dec 2023 | £185,706 | £180,000 | 59 KIMMS BELT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Stearne Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sloane Way |
| Sep 2024 | Drugs | Offender given a caution | On or near Sloane Way |
| Sep 2024 | Drugs | Offender given a caution | On or near Sloane Way |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Sloane Way |