£237,564
This estimated value is based upon the latest sale price for the house of £137,500 on 2 Feb 2012. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £137,500 | 2 Feb 2012 |
| £131,950 | 23 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 2012 the House Price Index for NORFOLK was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £137,500 results in an estimated price of approximately £237,564.
| 2 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £137,500 | £100,064 | £237,564 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 35.220 % | £48,427 | £185,927 |
| 3 Month Average | 77.607 % | £106,709 | £244,209 |
| 6 Month Average | 72.726 % | £99,998 | £237,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £285,000 | £285,000 | 24 WOODRUFF ROAD |
| 19 Oct 2023 | £388,831 | £380,000 | 17 LAWRENCE ROAD |
| 19 Oct 2023 | £142,230 | £139,000 | 48 ETHELREDA DRIVE |
| 3 Nov 2022 | £368,278 | £370,000 | 10 LAWRENCE ROAD |
| 22 Aug 2022 | £281,315 | £280,000 | 5 ETHELREDA DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Feb 2021. Using an estimated price of £237,564 means this house is valued at £3,299 per sq meter (£306 per sq foot).
The average size of a house on PETER DRIVE is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peter Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peter Drive |
| Sep 2024 | Anti-social behaviour | On or near Supermarket | |
| Aug 2024 | Anti-social behaviour | On or near Supermarket | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |