£250,589
This estimated value is based upon the latest sale price for the house of £230,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 26 Nov 2021 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2021 the House Price Index for NORFOLK was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £230,000 results in an estimated price of approximately £250,589.
| 26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £230,000 | £20,589 | £250,589 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | -2.064 % | £-4,746 | £225,253 |
| 3 Month Average | -13.837 % | £-31,826 | £198,173 |
| 6 Month Average | -4.438 % | £-10,206 | £219,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £204,648 | £200,000 | 29 SKELTON ROAD |
| 24 Aug 2023 | £137,480 | £135,000 | 19 SKELTON ROAD |
| 14 Feb 2023 | £283,896 | £282,000 | 78 ORCHARD CLOSE |
| 5 Oct 2022 | £225,248 | £226,000 | 80 SKELTON ROAD |
| 30 Jun 2022 | £369,907 | £362,000 | 3 PLUMSTEAD ROAD EAST |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 5 Oct 2021. Using an estimated price of £250,590 means this house is valued at £3,093 per sq meter (£287 per sq foot).
The average size of a house on ORCHARD CLOSE is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Orchard Close |
| May 2024 | Anti-social behaviour | On or near Vancouver Road | |
| May 2024 | Anti-social behaviour | On or near Vancouver Road | |
| May 2024 | Anti-social behaviour | On or near Vancouver Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gawdy Road |