£460,850
This estimated value is based upon the latest sale price for the house of £373,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £373,000 | 1 Nov 2019 |
| £357,500 | 12 Oct 2017 |
| £160,000 | 9 May 2014 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 £373,000 results in an estimated price of approximately £460,850.
| 1 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £373,000 | £87,850 | £460,850 |
The Postcode Pricing Model uses changes in average sales price within the PE37 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 | 32.370 % | £120,739 | £493,739 |
| 3 Month Average | 27.372 % | £102,097 | £475,097 |
| 6 Month Average | 16.748 % | £62,468 | £435,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £96,841 | £96,000 | 18 NEW SPORLE ROAD |
| 19 Apr 2024 | £305,654 | £303,000 | 10 LONGFIELDS |
| 13 Dec 2023 | £453,949 | £440,000 | COURTLANDS NORWICH ROAD |
| 27 Nov 2023 | £112,865 | £110,000 | 53 ORFORD ROAD |
| 10 Nov 2023 | £239,582 | £233,500 | 23 ADASTRAL PLACE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 24 May 2017. Using an estimated price of £460,851 means this house is valued at £3,808 per sq meter (£353 per sq foot).
The average size of a house on LONGFIELDS is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Longfields |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfields |
| Oct 2024 | Anti-social behaviour | On or near Box'S Lane | |
| Oct 2024 | Anti-social behaviour | On or near Box'S Lane | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Box'S Lane |