£723,996
This estimated value is based upon the latest sale price for the house of £480,000 on 12 Nov 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £480,000 | 12 Nov 2014 |
| £170,000 | 18 May 2000 |
| £128,000 | 18 Dec 1997 |
| 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 November 2014 the House Price Index for NORFOLK was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £480,000 results in an estimated price of approximately £723,996.
| 12 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £480,000 | £243,996 | £723,996 |
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 | -2.666 % | £-12,794 | £467,205 |
| 3 Month Average | 68.447 % | £328,545 | £808,545 |
| 6 Month Average | 39.595 % | £190,054 | £670,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £495,217 | £480,000 | 27A MILL LANE |
| 24 Nov 2023 | £215,469 | £210,000 | 12 MILL ROAD |
| 15 Sep 2023 | £316,988 | £310,000 | 8 OLD SCHOOL ROAD |
| 7 Sep 2023 | £255,635 | £250,000 | 8 HOLLOW TREE WAY |
| 30 Jun 2023 | £316,339 | £310,000 | 14 HOLLOW TREE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Post Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norwich Road |
| Sep 2024 | Other crime | Under investigation | On or near West End |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Macks Loke |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Place |