£709,351
This estimated value is based upon the latest sale price for the house of £705,000 on 9 May 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £705,000 | 9 May 2022 |
| £367,500 | 10 Jun 2011 |
| Detached |
| Freehold |
| Floor Area: 221 sq meters or 2,378 sq feet |
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 2022 the House Price Index for NORFOLK was 145.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.617%.Applying this 0.617% change to the original purchase price of £705,000 results in an estimated price of approximately £709,351.
| 9 May 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 146.7 | 0.617 % | £705,000 | £4,351 | £709,351 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 11.229 % | £79,162 | £784,162 |
| 3 Month Average | 38.145 % | £268,924 | £973,924 |
| 6 Month Average | 20.140 % | £141,986 | £846,986 |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 13 Mar 2020.
The average size of a house on WELLS ROAD is 133 sq meters (1,436 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Awaiting court outcome | On or near Star Meadow |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Star Meadow |
| Jan 2024 | Public order | Under investigation | On or near Star Meadow |
| Jan 2024 | Public order | Under investigation | On or near Star Meadow |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Oak Street |