£182,005
This estimated value is based upon the latest sale price for the house of £120,667 on 4 Nov 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £120,667 | 4 Nov 2014 |
| £95,000 | 19 Nov 2008 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 863 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 2014 the House Price Index for NORFOLK was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £120,667 results in an estimated price of approximately £182,005.
| 4 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £120,667 | £61,338 | £182,005 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | 19.984 % | £24,114 | £144,781 |
| 3 Month Average | 50.608 % | £61,067 | £181,734 |
| 6 Month Average | 47.709 % | £57,568 | £178,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £170,621 | £168,000 | 61 CRESSWELL STREET |
| 8 Nov 2023 | £153,907 | £150,000 | 23 BURKITT STREET |
| 11 Oct 2023 | £61,394 | £60,000 | 5A LOKE ROAD |
| 1 Jun 2023 | £127,556 | £125,000 | 14 CRESSWELL STREET |
| 25 Apr 2023 | £123,306 | £121,000 | 6 SIR LEWIS STREET |
This house has a floor area of 80 sq meters or 863 sq feet when measured on 6 Dec 2010. Using an estimated price of £182,005 means this house is valued at £2,269 per sq meter (£210 per sq foot).
The average size of a house on CRESSWELL STREET is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Sir Lewis Street |
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Sir Lewis Street |