£321,800
This estimated value is based upon the latest sale price for the house of £188,000 on 31 Mar 2010. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£188,000 | 31 Mar 2010 |
£79,000 | 31 Dec 1998 |
Detached |
Freehold |
Floor Area: 95 sq meters or 1,023 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 March 2010 the House Price Index for NORFOLK was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £188,000 results in an estimated price of approximately £321,800.
31 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.170 % | £188,000 | £133,800 | £321,800 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 17.951 % | £33,748 | £221,748 |
3 Month Average | 70.565 % | £132,662 | £320,662 |
6 Month Average | 82.053 % | £154,260 | £342,260 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £294,525 | £290,000 | 18 REDGATE |
30 Nov 2023 | £307,814 | £300,000 | 20 REDGATE |
3 Nov 2023 | £328,334 | £320,000 | 89 REDGATE |
4 Sep 2023 | £262,793 | £257,000 | 17 REDGATE |
23 Jun 2023 | £314,299 | £308,000 | 99 REDGATE |
This house has a floor area of 95 sq meters or 1,023 sq feet when measured on 3 Feb 2010. Using an estimated price of £321,800 means this house is valued at £3,383 per sq meter (£314 per sq foot).
The average size of a house on REDGATE is 91 sq meters (989 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Norfolk Road | |
Jul 2024 | Anti-social behaviour | On or near Norfolk Road | |
Jul 2024 | Anti-social behaviour | On or near Norfolk Road | |
Aug 2024 | Anti-social behaviour | On or near Green Lane | |
Aug 2024 | Anti-social behaviour | On or near Green Lane |