£308,881
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 22 Nov 2019 |
| £165,000 | 14 Jul 2009 |
| £162,950 | 28 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 November 2019 the House Price Index for NORFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £250,000 results in an estimated price of approximately £308,881.
| 22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £250,000 | £58,881 | £308,881 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 26.496 % | £66,240 | £316,240 |
| 3 Month Average | 6.332 % | £15,828 | £265,828 |
| 6 Month Average | 4.215 % | £10,537 | £260,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2022 | £223,043 | £222,000 | 27 ALICANTE WAY |
| 21 Jun 2022 | £235,024 | £230,000 | 28 OLD SCHOOL CLOSE |
| 3 Dec 2021 | £226,655 | £210,000 | 4 OLD SCHOOL CLOSE |
| 10 Nov 2021 | £239,694 | £220,000 | 10 ALICANTE WAY |
| 13 Sep 2021 | £195,402 | £180,000 | 26 ROE DRIVE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 19 May 2020. Using an estimated price of £308,881 means this house is valued at £2,860 per sq meter (£265 per sq foot).
The average size of a house on ROE DRIVE is 78 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Roe Drive | |
| Jun 2024 | Anti-social behaviour | On or near Roe Drive | |
| Jun 2024 | Anti-social behaviour | On or near Roe Drive | |
| Jun 2024 | Anti-social behaviour | On or near Roe Drive | |
| Jul 2024 | Anti-social behaviour | On or near Old School Close |