£667,625
This estimated value is based upon the latest sale price for the house of £615,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £615,000 | 30 Sep 2021 |
| 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 2021 the House Price Index for NORFOLK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £615,000 results in an estimated price of approximately £667,625.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £615,000 | £52,625 | £667,625 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | 8.709 % | £53,563 | £668,563 |
| 3 Month Average | 20.570 % | £126,506 | £741,506 |
| 6 Month Average | 11.529 % | £70,904 | £685,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £492,502 | £480,000 | CHASLIN NORWICH ROAD |
| 13 Nov 2023 | £513,023 | £500,000 | CEDAR LODGE MORLEY ROAD |
| 4 Sep 2023 | £414,129 | £405,000 | 1 MAYFIELD COTTAGES SILVER STREET |
| 5 Jun 2023 | £553,594 | £542,500 | PETEANA HILL ROAD |
| 5 Apr 2023 | £443,291 | £435,000 | CHERRY TREE BARN NORWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Petrol Station |
| Jul 2024 | Other theft | Under investigation | On or near Petrol Station |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Petrol Station |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |