£241,096
This estimated value is based upon the latest sale price for the house of £212,500 on 14 Jul 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£212,500 | 14 Jul 2021 |
£192,000 | 20 Feb 2019 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 July 2021 the House Price Index for NORFOLK was 129.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.457%.Applying this 13.457% change to the original purchase price of £212,500 results in an estimated price of approximately £241,096.
14 Jul 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 146.7 | 13.457 % | £212,500 | £28,596 | £241,096 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 77.776 % | £165,274 | £377,774 |
3 Month Average | 29.245 % | £62,145 | £274,645 |
6 Month Average | 25.934 % | £55,109 | £267,609 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 17 Oct 2018.
The average size of a house on VALLEY WAY is 96 sq meters (1,039 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Public order | Awaiting court outcome | On or near Norwich Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heath Rise |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wensum Way |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Wensum Way |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Wensum Way |