£106,875
This estimated value is based upon the latest sale price for the house of £79,000 on 3 May 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £79,000 | 3 May 2016 |
| £53,000 | 12 Jul 2004 |
| £13,000 | 3 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 May 2016 the House Price Index for NORFOLK was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £79,000 results in an estimated price of approximately £106,875.
| 3 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £79,000 | £27,875 | £106,875 |
The Postcode Pricing Model uses changes in average sales price within the NR30 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 | 36.321 % | £28,693 | £107,693 |
| 3 Month Average | 48.050 % | £37,959 | £116,959 |
| 6 Month Average | 43.759 % | £34,569 | £113,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £100,000 | £100,000 | 18A LANCASTER ROAD |
| 14 Dec 2023 | £110,392 | £107,000 | 5 ST PETERS ROAD |
| 15 Nov 2023 | £99,526 | £97,000 | 2 BLACKFRIARS ROAD |
| 4 Sep 2023 | £115,036 | £112,500 | 5A BLACKFRIARS ROAD |
| 23 Jun 2023 | £112,249 | £110,000 | STABLE COTTAGES, 21 TRINITY PLACE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 17 Nov 2015. Using an estimated price of £106,876 means this house is valued at £1,696 per sq meter (£157 per sq foot).
The average size of a house on BLACKFRIARS ROAD is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Well Opening |
| Aug 2024 | Anti-social behaviour | On or near Well Opening | |
| Aug 2024 | Anti-social behaviour | On or near Well Opening | |
| Aug 2024 | Anti-social behaviour | On or near Well Opening | |
| Aug 2024 | Anti-social behaviour | On or near Well Opening |