£605,928
This estimated value is based upon the latest sale price for the house of £595,000 on 17 Aug 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £595,000 | 17 Aug 2023 |
| £378,000 | 13 Feb 2017 |
| 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 August 2023 the House Price Index for NORFOLK was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £595,000 results in an estimated price of approximately £605,928.
| 17 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £595,000 | £10,928 | £605,928 |
The Postcode Pricing Model uses changes in average sales price within the NR9 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 | 12.646 % | £75,246 | £670,246 |
| 3 Month Average | 9.315 % | £55,421 | £650,421 |
| 6 Month Average | 2.002 % | £11,912 | £606,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £605,929 | £595,000 | PAGE COTTAGE REYMERSTON ROAD |
| 28 Jun 2023 | £1,326,585 | £1,300,000 | NEW BARN PLACE DEREHAM ROAD |
| 6 Jun 2023 | £321,442 | £315,000 | HILLSIDE DEREHAM ROAD |
| 4 Apr 2023 | £356,671 | £350,000 | WAYSIDE DEREHAM ROAD |
| 21 Nov 2022 | £612,138 | £615,000 | BARDON DEREHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Greenwood Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Holl Lane |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Holl Lane |
| Jul 2024 | Public order | Under investigation | On or near Town Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Town Lane |