£655,398
This estimated value is based upon the latest sale price for the house of £627,500 on 1 Feb 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £627,500 | 1 Feb 2022 |
| £407,500 | 4 Jan 2018 |
| £425,000 | 14 Jul 2016 |
| £70,500 | 24 Feb 1998 |
| 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 February 2022 the House Price Index for NORFOLK was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £627,500 results in an estimated price of approximately £655,398.
| 1 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £627,500 | £27,898 | £655,398 |
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 | 69.919 % | £438,743 | £1,066,243 |
| 3 Month Average | 13.944 % | £87,497 | £714,997 |
| 6 Month Average | 17.960 % | £112,699 | £740,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £377,808 | £375,000 | 46 RANSOME AVENUE |
| 12 Apr 2023 | £453,370 | £450,000 | 1 ALEXANDER WAY |
| 21 Oct 2022 | £221,704 | £225,000 | 8 PRETTY DRIVE |
| 9 Sep 2022 | £287,503 | £291,000 | 16 REEVE CLOSE |
| 5 Jul 2022 | £494,332 | £495,000 | 5 FELLOWES CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Awaiting court outcome | On or near Ransome Avenue |
| Mar 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norwich Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ernest Seaman Close |
| Feb 2024 | Burglary | Under investigation | On or near Karen Close |