£182,285
This estimated value is based upon the latest sale price for the house of £145,000 on 13 Dec 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £145,000 | 13 Dec 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2017 the House Price Index for NORFOLK was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £145,000 results in an estimated price of approximately £182,285.
| 13 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £145,000 | £37,285 | £182,285 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 71.358 % | £103,469 | £248,469 |
| 3 Month Average | 35.306 % | £51,194 | £196,194 |
| 6 Month Average | 12.279 % | £17,804 | £162,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £567,253 | £560,000 | 146 WROXHAM ROAD |
| 26 Jun 2023 | £293,556 | £290,000 | 11 SPARHAWK AVENUE |
| 23 Jun 2023 | £480,824 | £475,000 | 181 WROXHAM ROAD |
| 16 Jun 2023 | £283,433 | £280,000 | 15 MARTIN CLOSE |
| 27 Jan 2023 | £273,711 | £275,000 | 25 SPARHAWK AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Apr 2017. Using an estimated price of £182,285 means this house is valued at £2,988 per sq meter (£277 per sq foot).
The average size of a house on MERLIN AVENUE is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Martin Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Marlborough Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Court |
| Mar 2024 | Shoplifting | Offender given a caution | On or near Marlborough Court |
| Feb 2024 | Vehicle crime | Under investigation | On or near Marlborough Court |