£167,029
This estimated value is based upon the latest sale price for the house of £160,000 on 24 Mar 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Old Market Street
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Price Paid | Date |
---|---|
£160,000 | 24 Mar 2022 |
£105,000 | 25 Aug 2006 |
£48,000 | 10 Jul 1998 |
Leasehold |
Floor Area: 80 sq meters or 861 sq feet |
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 March 2022 the House Price Index for NORFOLK was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £160,000 results in an estimated price of approximately £167,029.
24 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £160,000 | £7,029 | £167,029 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 33.906 % | £54,250 | £214,250 |
3 Month Average | -8.313 % | £-13,300 | £146,699 |
6 Month Average | -2.717 % | £-4,346 | £155,653 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £171,350 | £167,000 | 4 LORD CECIL COURT |
27 Apr 2023 | £692,961 | £680,000 | BOSCOMBE HOUSE FORD STREET |
27 Feb 2023 | £442,959 | £440,000 | 30 RAYMOND STREET |
27 Jan 2023 | £180,482 | £180,000 | 10A OLD MARKET STREET |
20 Jan 2023 | £150,402 | £150,000 | 11 LORD CECIL COURT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 Sep 2020. Using an estimated price of £167,029 means this house is valued at £2,087 per sq meter (£193 per sq foot).
The average size of a house on OLD MARKET STREET is 76 sq meters (822 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Old Market Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Old Market Street |
Apr 2024 | Burglary | Unable to prosecute suspect | On or near Old Market Street |
Apr 2024 | Criminal damage and arson | Offender given a caution | On or near Old Market Street |
Jul 2024 | Anti-social behaviour | On or near Ford Street |