£731,116
This estimated value is based upon the latest sale price for the house of £715,000 on 7 Sep 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £715,000 | 7 Sep 2023 |
| £625,000 | 9 Feb 2022 |
| 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 September 2023 the House Price Index for NORFOLK was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £715,000 results in an estimated price of approximately £731,116.
| 7 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £715,000 | £16,116 | £731,116 |
The Postcode Pricing Model uses changes in average sales price within the NR10 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 | -5.389 % | £-38,532 | £676,467 |
| 3 Month Average | 5.262 % | £37,621 | £752,621 |
| 6 Month Average | -3.090 % | £-22,096 | £692,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2024 | £200,000 | £200,000 | 5 CHURCHILL CLOSE |
| 15 Apr 2024 | £353,066 | £350,000 | BAILEYS OF NORFOLK BRICK KILN ROAD |
| 23 Nov 2023 | £405,288 | £395,000 | 43 BRICK KILN ROAD |
| 17 Nov 2023 | £446,330 | £435,000 | 5 BRICK KILN ROAD |
| 7 Sep 2023 | £731,117 | £715,000 | OAKWOOD COTTAGE SHORTTHORN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near Edwin Close |
| Sep 2024 | Vehicle crime | Under investigation | On or near Edwin Way |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Short-Thorn Road |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Short-Thorn Road |
| Sep 2024 | Anti-social behaviour | On or near Bracken Close |