£438,673
This estimated value is based upon the latest sale price for the house of £420,000 on 10 Feb 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £420,000 | 10 Feb 2022 |
| £311,000 | 17 Feb 2020 |
| 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 £420,000 results in an estimated price of approximately £438,673.
| 10 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £420,000 | £18,673 | £438,673 |
The Postcode Pricing Model uses changes in average sales price within the IP25 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 | -0.315 % | £-1,322 | £418,677 |
| 3 Month Average | -5.842 % | £-24,535 | £395,464 |
| 6 Month Average | -0.517 % | £-2,171 | £417,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £198,760 | £195,000 | 18 MILL ROAD ESTATE |
| 30 Nov 2023 | £248,186 | £245,000 | 5 MILL ROAD ESTATE |
| 21 Apr 2023 | £407,025 | £404,000 | 1 MILL CLOSE |
| 16 Feb 2023 | £185,124 | £186,000 | 9 CHAPEL STREET |
| 10 Feb 2023 | £405,582 | £407,500 | WESTCOT MILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Church Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Church Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mill Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mill Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Mill Close |