£219,236
This estimated value is based upon the latest sale price for the house of £212,500 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £212,500 | 15 Dec 2023 |
| £125,000 | 26 Aug 2005 |
| 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 December 2023 the House Price Index for NORFOLK was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £212,500 results in an estimated price of approximately £219,236.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £212,500 | £6,736 | £219,236 |
The Postcode Pricing Model uses changes in average sales price within the IP21 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 | -41.303 % | £-87,769 | £124,730 |
| 3 Month Average | 5.750 % | £12,218 | £224,718 |
| 6 Month Average | -15.879 % | £-33,743 | £178,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £219,237 | £212,500 | COTTAGE, 2 THE STREET |
| 4 Aug 2023 | £437,898 | £430,000 | THE OLD BAKERY THE STREET |
| 19 Jun 2023 | £5,102 | £5,000 | PLOT A26 COMMON ROAD |
| 20 Jan 2023 | £250,670 | £250,000 | 14 MILLERS DRIVE |
| 22 Apr 2022 | £339,756 | £327,500 | 5 CROWN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Cornfields |
| May 2024 | Anti-social behaviour | On or near Cornfields | |
| May 2024 | Anti-social behaviour | On or near Cornfields | |
| May 2024 | Anti-social behaviour | On or near Cornfields | |
| May 2024 | Anti-social behaviour | On or near Millers Drive |