£730,542
This estimated value is based upon the latest sale price for the house of £540,000 on 25 May 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£540,000 | 25 May 2016 |
£375,000 | 24 Jun 2004 |
£285,000 | 20 Jun 2001 |
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 2016 the House Price Index for NORFOLK was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £540,000 results in an estimated price of approximately £730,542.
25 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £540,000 | £190,542 | £730,542 |
The Postcode Pricing Model uses changes in average sales price within the IP26 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 | 3.200 % | £17,282 | £557,282 |
3 Month Average | 9.474 % | £51,157 | £591,157 |
6 Month Average | 21.501 % | £116,103 | £656,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £243,745 | £240,000 | 4 GLEBE CLOSE |
15 Mar 2024 | £853,107 | £840,000 | WINYARDS METHWOLD ROAD |
1 Dec 2023 | £51,585 | £50,000 | PLOT 1 COAL YARD THETFORD ROAD |
1 Dec 2023 | £51,585 | £50,000 | PLOT 2 COAL YARD THETFORD ROAD |
23 Oct 2023 | £450,226 | £440,000 | 30 HOLDERS LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Unable to prosecute suspect | On or near West End |
May 2024 | Public order | Unable to prosecute suspect | On or near Ingham'S Lane |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Andrew'S Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Andrew'S Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hall Lane |