£1,203,388
This estimated value is based upon the latest sale price for the house of £900,000 on 15 Apr 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£900,000 | 15 Apr 2016 |
£655,000 | 23 Sep 2010 |
Detached |
Freehold |
Floor Area: 159 sq meters or 1,714 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 April 2016 the House Price Index for NORFOLK was 109.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.710%.Applying this 33.710% change to the original purchase price of £900,000 results in an estimated price of approximately £1,203,388.
15 Apr 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 146.7 | 33.710 % | £900,000 | £303,388 | £1,203,388 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | -5.913 % | £-53,213 | £846,786 |
3 Month Average | 11.202 % | £100,818 | £1,000,818 |
6 Month Average | 31.990 % | £287,910 | £1,187,910 |
This house has a floor area of 159 sq meters or 1,714 sq feet when measured on 8 May 2010.
The average size of a house on NEWMARKET ROAD is 166 sq meters (1,788 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairmile Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairmile Close |
Feb 2024 | Other crime | Awaiting court outcome | On or near Fairmile Close |
Jan 2024 | Anti-social behaviour | On or near Lime Tree Road | |
Jan 2024 | Anti-social behaviour | On or near Lime Tree Road |