£557,551
This estimated value is based upon the latest sale price for the house of £325,000 on 11 Sep 2012. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £325,000 | 11 Sep 2012 |
| £120,000 | 5 Aug 1999 |
| 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 September 2012 the House Price Index for NORFOLK was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £325,000 results in an estimated price of approximately £557,551.
| 11 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.554 % | £325,000 | £232,551 | £557,551 |
The Postcode Pricing Model uses changes in average sales price within the NR24 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 | 29.735 % | £96,637 | £421,637 |
| 3 Month Average | 127.922 % | £415,747 | £740,747 |
| 6 Month Average | 96.249 % | £312,808 | £637,808 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £1,227,888 | £1,200,000 | THE PIGHTLES RECTORY ROAD |
| 9 Aug 2023 | £1,553,010 | £1,525,000 | BARN 1 LODGE FARM NORWICH ROAD |
| 22 Mar 2023 | £120,004 | £118,000 | 2 ELIZABETH CRESCENT |
| 10 Mar 2023 | £242,042 | £238,000 | 2 RECTORY ROAD |
| 3 Mar 2023 | £350,859 | £345,000 | 19 RECTORY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near Turkey Lane |
| Sep 2024 | Other theft | Under investigation | On or near Rectory Road |
| Aug 2024 | Other theft | Under investigation | On or near Park Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nixon Court |
| Aug 2024 | Anti-social behaviour | On or near Neil Avenue |