£291,244
This estimated value is based upon the latest sale price for the house of £168,000 on 25 Sep 2008. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £168,000 | 25 Sep 2008 |
| Detached |
| Freehold |
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 September 2008 the House Price Index for NORFOLK was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.360%.Applying this 73.360% change to the original purchase price of £168,000 results in an estimated price of approximately £291,244.
| 25 Sep 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.360 % | £168,000 | £123,244 | £291,244 |
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 | 28.880 % | £48,519 | £216,519 |
| 3 Month Average | 29.321 % | £49,259 | £217,259 |
| 6 Month Average | 41.860 % | £70,324 | £238,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £292,781 | £287,500 | 63 FALCON ROAD WEST |
| 23 Aug 2023 | £254,592 | £250,000 | 48 FALCON ROAD WEST |
| 26 Jun 2023 | £295,930 | £290,000 | 11 SPARHAWK AVENUE |
| 16 Jun 2023 | £285,726 | £280,000 | 15 MARTIN CLOSE |
| 27 Jan 2023 | £275,737 | £275,000 | 25 SPARHAWK AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Road West |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martin Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tiercel Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Varvel Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Varvel Close |