£352,124
This estimated value is based upon the latest sale price for the house of £285,000 on 7 Nov 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £285,000 | 7 Nov 2019 |
| £219,995 | 27 Apr 2012 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2019 the House Price Index for NORFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £285,000 results in an estimated price of approximately £352,124.
| 7 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £285,000 | £67,124 | £352,124 |
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 | -4.768 % | £-13,587 | £271,412 |
| 3 Month Average | 17.459 % | £49,757 | £334,757 |
| 6 Month Average | 15.751 % | £44,889 | £329,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2022 | £383,208 | £385,000 | 75 LORD NELSON DRIVE |
| 14 Oct 2022 | £269,101 | £270,000 | 69 VANGUARD CHASE |
| 22 Jul 2022 | £474,757 | £470,000 | 51 VANGUARD CHASE |
| 4 Jul 2022 | £161,619 | £160,000 | 105 VANGUARD CHASE |
| 30 Sep 2021 | £252,938 | £233,000 | 60 VANGUARD CHASE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 18 Apr 2012. Using an estimated price of £352,124 means this house is valued at £3,116 per sq meter (£289 per sq foot).
The average size of a house on VANGUARD CHASE is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Vanguard Chase |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Triumph Court |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Triumph Court |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Triumph Court |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Triumph Court |