£337,613
This estimated value is based upon the latest sale price for the house of £292,000 on 15 Dec 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £292,000 | 15 Dec 2020 |
| £225,000 | 3 Mar 2014 |
| £155,000 | 7 Apr 2011 |
| £40,000 | 28 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 945 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 2020 the House Price Index for NORFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £292,000 results in an estimated price of approximately £337,613.
| 15 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £292,000 | £45,613 | £337,613 |
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 | -2.104 % | £-6,143 | £285,856 |
| 3 Month Average | -5.852 % | £-17,089 | £274,910 |
| 6 Month Average | -1.456 % | £-4,250 | £287,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £304,352 | £295,000 | 38 FURZE ROAD |
| 13 Sep 2023 | £351,754 | £344,000 | 84 FURZE ROAD |
| 30 Jun 2023 | £357,157 | £350,000 | 20 FURZE ROAD |
| 11 Apr 2023 | £236,932 | £232,500 | 1 FURZE AVENUE |
| 3 Feb 2023 | £236,580 | £235,000 | 51 FURZE ROAD |
This house has a floor area of 87 sq meters or 945 sq feet when measured on 8 Sep 2010. Using an estimated price of £337,613 means this house is valued at £3,844 per sq meter (£357 per sq foot).
The average size of a house on FURZE ROAD is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Broom Avenue | |
| May 2024 | Anti-social behaviour | On or near Broom Avenue | |
| May 2024 | Anti-social behaviour | On or near Broom Avenue | |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Broom Avenue |
| Jun 2024 | Other theft | Under investigation | On or near Gorse Road |