£324,946
This estimated value is based upon the latest sale price for the house of £318,000 on 16 Jun 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £318,000 | 16 Jun 2022 |
| £234,995 | 5 Nov 2015 |
| Terraced |
| 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 June 2022 the House Price Index for NORFOLK was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £318,000 results in an estimated price of approximately £324,946.
| 16 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £318,000 | £6,946 | £324,946 |
The Postcode Pricing Model uses changes in average sales price within the IP25 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 | 23.205 % | £73,792 | £391,792 |
| 3 Month Average | 22.869 % | £72,722 | £390,722 |
| 6 Month Average | -0.199 % | £-632 | £317,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £104,607 | £103,000 | 8 THETFORD ROAD |
| 22 Sep 2023 | £148,268 | £145,000 | DAWSON HOUSE, 20 THETFORD ROAD |
| 18 Oct 2022 | £211,793 | £212,500 | 8 BYFORDS WAY |
| 5 Aug 2022 | £205,963 | £205,000 | 26 BYFORDS WAY |
| 1 Jul 2022 | £141,417 | £140,000 | 5 BOWES CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Byfords Way |
| Jul 2024 | Drugs | Local resolution | On or near Bowes Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Dudley Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Canon Close |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Canon Close |