£500,167
This estimated value is based upon the latest sale price for the house of £324,950 on 23 Jul 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £324,950 | 23 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 July 2014 the House Price Index for NORFOLK was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £324,950 results in an estimated price of approximately £500,167.
| 23 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £324,950 | £175,217 | £500,167 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | 56.598 % | £183,916 | £508,866 |
| 3 Month Average | 42.278 % | £137,383 | £462,333 |
| 6 Month Average | 51.207 % | £166,396 | £491,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £340,462 | £330,000 | 50 HONEYSUCKLE WAY |
| 17 Nov 2023 | £194,949 | £190,000 | 5 GENTIAN WAY |
| 20 Sep 2023 | £332,326 | £325,000 | 1 HONEYSUCKLE WAY |
| 25 Aug 2023 | £183,306 | £180,000 | 62 HONEYSUCKLE WAY |
| 18 Aug 2023 | £161,920 | £159,000 | 18 BRYONY WAY |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 7 Jul 2014. Using an estimated price of £500,168 means this house is valued at £2,907 per sq meter (£270 per sq foot).
The average size of a house on HONEYSUCKLE WAY is 93 sq meters (1,004 sq feet).
This house is the largest in the street with a floor area of 172 sq meters (1,851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bryony Way |
| Aug 2024 | Drugs | Under investigation | On or near Cornflower Way |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Symphony Gardens |
| Jul 2024 | Anti-social behaviour | On or near Symphony Gardens | |
| Jul 2024 | Anti-social behaviour | On or near Symphony Gardens |