£334,611
This estimated value is based upon the latest sale price for the house of £219,000 on 25 Jul 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £219,000 | 25 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 July 2014 the House Price Index for NORFOLK was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £219,000 results in an estimated price of approximately £334,611.
| 25 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £219,000 | £115,611 | £334,611 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 81.213 % | £177,857 | £396,857 |
| 3 Month Average | 49.973 % | £109,440 | £328,440 |
| 6 Month Average | 47.050 % | £103,039 | £322,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £218,829 | £215,000 | 10 GRIMSHOE ROAD |
| 27 Nov 2023 | £290,298 | £286,000 | 28 GALLOW DRIVE |
| 25 Jul 2023 | £268,615 | £265,000 | 2 WAYLAND WALK |
| 21 Apr 2023 | £363,918 | £360,000 | 4 WAYLAND WALK |
| 10 Mar 2023 | £291,244 | £288,500 | 8 WAYLAND WALK |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 17 May 2014. Using an estimated price of £334,611 means this house is valued at £2,909 per sq meter (£270 per sq foot).
The average size of a house on GRIMSHOE ROAD is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Willow Road | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Willow Road |
| Feb 2024 | Anti-social behaviour | On or near Willow Road | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Launditch Crescent |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Short Drove |