£197,055
This estimated value is based upon the latest sale price for the house of £191,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £191,000 | 1 Dec 2023 |
| £116,500 | 27 Feb 2006 |
| £49,950 | 15 Dec 2000 |
| £44,950 | 16 Nov 1999 |
| £36,000 | 8 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 December 2023 the House Price Index for NORFOLK was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £191,000 results in an estimated price of approximately £197,055.
| 1 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £191,000 | £6,055 | £197,055 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 51.940 % | £99,206 | £290,206 |
| 3 Month Average | 16.195 % | £30,932 | £221,932 |
| 6 Month Average | -0.820 % | £-1,566 | £189,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Aug 2024 | £200,000 | £200,000 | 5 CORBETT ROAD |
| 1 Dec 2023 | £197,055 | £191,000 | 7 GOOCH CLOSE |
| 17 Aug 2023 | £193,490 | £190,000 | 22 HAZELL ROAD |
| 30 Jun 2023 | £229,601 | £225,000 | 33 CORBETT ROAD |
| 23 Jun 2023 | £377,566 | £370,000 | 109 MUNDESLEY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 Jun 2019. Using an estimated price of £197,055 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on GOOCH CLOSE is 54 sq meters (585 sq feet).
This house is the largest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patch Meadow |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patch Meadow |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Patch Meadow |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Patch Meadow |
| Aug 2024 | Anti-social behaviour | On or near Patch Meadow |