£129,311
This estimated value is based upon the latest sale price for the house of £75,000 on 22 Dec 2010. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £75,000 | 22 Dec 2010 |
| £38,000 | 23 Aug 2002 |
| £34,000 | 6 Nov 2001 |
| £26,500 | 13 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2010 the House Price Index for NORFOLK was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £75,000 results in an estimated price of approximately £129,311.
| 22 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 149.7 | 72.415 % | £75,000 | £54,311 | £129,311 |
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 | 18.842 % | £14,131 | £89,131 |
| 3 Month Average | 69.769 % | £52,327 | £127,327 |
| 6 Month Average | 68.753 % | £51,564 | £126,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £155,000 | £155,000 | 72 CANTERBURY WAY |
| 7 Dec 2023 | £165,072 | £160,000 | 74 GUILDFORD WAY |
| 8 Sep 2023 | £173,832 | £170,000 | 6 WINCHESTER WAY |
| 26 Sep 2022 | £154,897 | £155,000 | 2 RIPON WAY |
| 21 Jul 2022 | £90,911 | £90,000 | 75 GUILDFORD WAY |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 19 Feb 2009. Using an estimated price of £129,311 means this house is valued at £1,306 per sq meter (£121 per sq foot).
The average size of a house on GUILDFORD WAY is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Guildford Way |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Guildford Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Guildford Way |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Guildford Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Guildford Way |