£425,287
This estimated value is based upon the latest sale price for the house of £250,000 on 31 Oct 2010. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 31 Oct 2010 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 October 2010 the House Price Index for NORFOLK was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £250,000 results in an estimated price of approximately £425,287.
| 31 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £250,000 | £175,287 | £425,287 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | 49.483 % | £123,706 | £373,706 |
| 3 Month Average | 21.707 % | £54,268 | £304,268 |
| 6 Month Average | 30.711 % | £76,777 | £326,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £198,739 | £197,000 | 8 TIBBENHAM HOUSE, 112 - 114 THORPE ROAD |
| 21 Jan 2022 | £172,595 | £164,000 | 94 THORPE ROAD |
| 19 Nov 2021 | £162,227 | £150,000 | FLAT 4 MARLBOROUGH COURT, 26 LOWER CLARENCE ROAD |
| 15 Oct 2021 | £115,074 | £104,000 | FLAT 2 92 THORPE ROAD |
| 16 Sep 2021 | £312,502 | £290,000 | 9 ETHEL ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 7 Jul 2013. Using an estimated price of £425,288 means this house is valued at £4,210 per sq meter (£391 per sq foot).
The average size of a house on LOWER CLARENCE ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Public order | Under investigation | On or near Stracey Road |
| Apr 2024 | Public order | Under investigation | On or near Stracey Road |