£191,740
This estimated value is based upon the latest sale price for the house of £34,000 on 7 Jun 1996. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £34,000 | 7 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 June 1996 the House Price Index for NORFOLK was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £34,000 results in an estimated price of approximately £191,740.
| 7 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 463.944 % | £34,000 | £157,740 | £191,740 |
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 | 497.971 % | £169,310 | £203,310 |
| 3 Month Average | 409.215 % | £139,132 | £173,132 |
| 6 Month Average | 458.835 % | £156,003 | £190,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £110,964 | £110,000 | 3 BLUEBELL CLOSE |
| 27 Oct 2023 | £196,462 | £192,000 | 3 ASH TREE CLOSE |
| 29 Sep 2023 | £286,311 | £280,000 | 1 SHORT ROAD |
| 31 Mar 2023 | £300,010 | £295,000 | 14 BLUEBELL CLOSE |
| 16 Feb 2023 | £269,299 | £267,500 | 1 TULIP CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Oct 2019. Using an estimated price of £191,741 means this house is valued at £2,427 per sq meter (£225 per sq foot).
The average size of a house on CHAPEL ROAD is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Estcourt Road |
| Oct 2024 | Other crime | Under investigation | On or near Foxglove Road |