£497,084
This estimated value is based upon the latest sale price for the house of £400,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £400,000 | 14 Dec 2018 |
| £250,000 | 2 Mar 2015 |
| 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 December 2018 the House Price Index for NORFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £400,000 results in an estimated price of approximately £497,084.
| 14 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £400,000 | £97,084 | £497,084 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | 28.543 % | £114,171 | £514,171 |
| 3 Month Average | 33.722 % | £134,889 | £534,889 |
| 6 Month Average | 23.105 % | £92,420 | £492,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £250,694 | £245,000 | 2 HORNBEAM DRIVE |
| 7 Aug 2023 | £295,327 | £290,000 | 4 ROSE DRIVE |
| 9 Jun 2023 | £183,681 | £180,000 | 34 HORNBEAM DRIVE |
| 16 Aug 2022 | £376,762 | £375,000 | 9 ASH CLOSE |
| 15 Aug 2022 | £351,644 | £350,000 | 11 HORNBEAM DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Elm Street |
| Jul 2024 | Anti-social behaviour | On or near Box Walk | |
| Jul 2024 | Anti-social behaviour | On or near Box Walk | |
| Jul 2024 | Anti-social behaviour | On or near Box Walk | |
| Jul 2024 | Anti-social behaviour | On or near Box Walk |