£467,140
This estimated value is based upon the latest sale price for the house of £385,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £385,000 | 13 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 March 2020 the House Price Index for NORFOLK was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £385,000 results in an estimated price of approximately £467,140.
| 13 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £385,000 | £82,140 | £467,140 |
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 | 3.625 % | £13,957 | £398,957 |
| 3 Month Average | -6.512 % | £-25,069 | £359,930 |
| 6 Month Average | 4.754 % | £18,302 | £403,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £509,184 | £500,000 | 77 WROXHAM ROAD |
| 5 Jun 2023 | £336,748 | £330,000 | 15 GLENBURN AVENUE |
| 28 Apr 2023 | £410,172 | £402,500 | 9 ALLENS AVENUE |
| 11 Mar 2022 | £391,475 | £375,000 | 42 WROXHAM ROAD |
| 11 Mar 2022 | £300,862 | £288,200 | 1 ALLENS AVENUE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 3 Sep 2019. Using an estimated price of £467,141 means this house is valued at £3,649 per sq meter (£339 per sq foot).
The average size of a house on WROXHAM ROAD is 129 sq meters (1,397 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Recreation Ground Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Recreation Ground Road |
| Jun 2024 | Drugs | Awaiting court outcome | On or near Recreation Ground Road |
| Apr 2024 | Anti-social behaviour | On or near Recreation Ground Road | |
| Apr 2024 | Anti-social behaviour | On or near Recreation Ground Road |