£497,631
This estimated value is based upon the latest sale price for the house of £485,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £485,000 | 30 Nov 2023 |
| £190,000 | 28 May 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 November 2023 the House Price Index for NORFOLK was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £485,000 results in an estimated price of approximately £497,631.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £485,000 | £12,631 | £497,631 |
The Postcode Pricing Model uses changes in average sales price within the PE33 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 | -42.671 % | £-206,955 | £278,044 |
| 3 Month Average | 4.753 % | £23,053 | £508,053 |
| 6 Month Average | -7.519 % | £-36,465 | £448,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £264,116 | £256,000 | 4 MARHAM ROAD |
| 30 Nov 2023 | £497,632 | £485,000 | BLUE JAY HOUSE MAIN ROAD |
| 20 Jun 2023 | £336,748 | £330,000 | 4 BOUGHTON ROAD |
| 29 Mar 2023 | £315,265 | £310,000 | MEADWAY MARHAM ROAD |
| 20 Feb 2023 | £211,412 | £210,000 | 6 CHURCH FARM WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near The Hill | |
| Jun 2024 | Anti-social behaviour | On or near The Hill | |
| Jun 2024 | Anti-social behaviour | On or near The Hill | |
| Jun 2024 | Anti-social behaviour | On or near The Hill | |
| Aug 2024 | Public order | Formal action is not in the public interest | On or near Hill View |