£370,012
This estimated value is based upon the latest sale price for the house of £230,000 on 3 May 2007. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 3 May 2007 |
| £240,000 | 23 Oct 2003 |
| 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 May 2007 the House Price Index for NORFOLK was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £230,000 results in an estimated price of approximately £370,012.
| 3 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £230,000 | £140,012 | £370,012 |
The Postcode Pricing Model uses changes in average sales price within the NR14 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 | 98.972 % | £227,636 | £457,636 |
| 3 Month Average | 53.970 % | £124,132 | £354,132 |
| 6 Month Average | 60.336 % | £138,771 | £368,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Aug 2024 | £200,000 | £200,000 | 11A SHOTESHAM ROAD |
| 9 Nov 2023 | £333,465 | £325,000 | 16 MALTEN CLOSE |
| 13 Jun 2023 | £423,997 | £415,500 | 1 HOWE LANE |
| 27 Jan 2023 | £240,643 | £240,000 | 1 FORGE TERRACE |
| 23 Aug 2022 | £488,283 | £486,000 | 21 RECTORY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Critoph Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Critoph Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Critoph Close |
| Jul 2024 | Anti-social behaviour | On or near Howe Lane | |
| Jul 2024 | Anti-social behaviour | On or near Howe Lane |